Deputy of the Majilis of the Parliament of the Republic of Kazakhstan, Chairman of the Committee on Social and Cultural Development Askhat Aimagam Betov spoke about the most important amendments that the Majilis members proposed to introduce into the draft of the new Tax Code. According to the deputy, they are of fundamental importance for citizens and the economy.
In particular, an amendment against the introduction of VAT on medicines and medical services is being discussed. According to Askhat Aimagambetov, "the introduction of VAT on medicines is unacceptable, as it will directly affect the most vulnerable categories of citizens: the elderly, children and people with disabilities. Otherwise, medicines will become significantly more expensive. We proposed to maintain the current norm, exempting medicines from VAT."
The deputy notes that the introduction of VAT on medical services will also increase the cost of treatment for citizens, especially pensioners and people with disabilities, which is critical in the context of limited availability of medical services. We also proposed to reduce the CIT rate on medical services (under the current code, they are not subject to CIT).
Let us recall that last year, when developing the draft of the updated version of the Tax Code, the Ministry of National Economy of the Republic of Kazakhstan proposed to EXCLUDE tax preferences (exemption) for corporate income tax (CIT) in the healthcare sector and the benefit for value added tax (VAT) on the import and circulation of medicines, with the exception of those drugs that are purchased within the guaranteed volume of free medical care.
However, medicines supplied and purchased under the GVFMP are also sold at retail. Dividing this volume and imposing VAT only on those medicines that are sold in pharmacies is a difficult task that has not yet been resolved. BUT THE MOST IMPORTANT THING is that exemption from VAT is an indicator of the state's real concern for the population, so the beneficiary of this benefit should be not only the state budget, but also patients who purchase medicines at their own expense.
Источник: Фармацевтическое обозрение Казахстана, pharm.reviews
In particular, an amendment against the introduction of VAT on medicines and medical services is being discussed. According to Askhat Aimagambetov, "the introduction of VAT on medicines is unacceptable, as it will directly affect the most vulnerable categories of citizens: the elderly, children and people with disabilities. Otherwise, medicines will become significantly more expensive. We proposed to maintain the current norm, exempting medicines from VAT."
The deputy notes that the introduction of VAT on medical services will also increase the cost of treatment for citizens, especially pensioners and people with disabilities, which is critical in the context of limited availability of medical services. We also proposed to reduce the CIT rate on medical services (under the current code, they are not subject to CIT).
Let us recall that last year, when developing the draft of the updated version of the Tax Code, the Ministry of National Economy of the Republic of Kazakhstan proposed to EXCLUDE tax preferences (exemption) for corporate income tax (CIT) in the healthcare sector and the benefit for value added tax (VAT) on the import and circulation of medicines, with the exception of those drugs that are purchased within the guaranteed volume of free medical care.
However, medicines supplied and purchased under the GVFMP are also sold at retail. Dividing this volume and imposing VAT only on those medicines that are sold in pharmacies is a difficult task that has not yet been resolved. BUT THE MOST IMPORTANT THING is that exemption from VAT is an indicator of the state's real concern for the population, so the beneficiary of this benefit should be not only the state budget, but also patients who purchase medicines at their own expense.
Источник: Фармацевтическое обозрение Казахстана, pharm.reviews
