Finance

Uzbekistan Refunds Over 30 Bln Soums in Catering VAT

Uzbekistan Refunds Over 30 Bln Soums in Catering VAT
Uzbekistan Refunds Over 30 Bln Soums in Catering VAT / Photo: UzDaily.

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan refunded over 30 billion soums in value-added tax (VAT) to public catering businesses in June and July 2026, marking a 75 percent increase compared to the April–May period, the Tax Committee of the Republic of Uzbekistan reported.

The increase follows a policy change effective 1 June 2026, under which food service entrepreneurs receive a 40 percent refund on paid VAT regardless of the proportion of non-cash transactions in their total revenue.

According to the committee, the revised VAT refund procedure aims to reduce the tax burden on businesses and encourage full reporting of service revenues.

The tax authority noted that the initiative allows businesses to retain funds to expand operations, create jobs, and improve service quality.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.