# VAT Calculator Kazakhstan

Value added Tax in Kazhakastan is collected at the rate of 12 %. Vat is applied for imports of goods and services. Exportation requires zero rated VAT. Traders and companies whose turn over threshold is KZT 38,190,000 . The higher rate was 15 % in the year 2006.

Other Countries

Value added Tax in Kazhakastan is collected at the rate of 12 %. Vat is applied for imports of goods and services. Exportation requires zero rated VAT. Traders and companies whose turn over threshold is KZT 38,190,000 . The higher rate was 15 % in the year 2006.

#### Formula:

Add Tax Tax Amount = ( Original Cost * VAT% ) / 100 Net Price = Original Cost + Tax Amount
Remove Tax Tax Amount = Original Cost - ( Original Cost * ( 100 / ( 100 + VAT% ) ) ) Net Price = Original Cost - Tax Amount

### Example

Find the VAT price and net price in Kazakhstan (GST % is 12) for an amount of 25000 лв

Solution :
GST % = 12
Amount = 25000

Step 1 :
GST Price = (25000 * 12 ) / 100
= 3000 лв

Step 2 :
Net Price = 25000 + 3000
= 28000 лв

Hence the VAT Price is 3000 лв and Net Price is 28000 лв

#### Remove Tax

Solution :
GST % = 12
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 12)))
= 25000 - (25000 * 0.89)
= 25000 - 22321.43
= 25000 - 22321.43
GST Price = 2678.57 лв

Step 2 :
Net Price = 25000 - 2678.57
= 22321.43 лв

Hence the VAT Price is 2678.57 лв and Net Price is 22321.43 лв