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VAT limit is being increased, discounts are given for cashless payments
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VAT limit is being increased, discounts are given for cashless payments VIDEO

Among the proposed amendments to the Tax Code are steps aimed at stimulating cashless transactions and ensuring transparency.

ATV reports that starting next year, changes in the tax legislation will both ease the business environment and encourage cashless settlements.

Raising the mandatory VAT registration threshold to 400,000 manat and tax privileges applied to cashless turnover in public catering will provide additional financial ease to entrepreneurs.

We present a more detailed video material on the topic:

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