OREANDA-NEWS. November 06, 2014. The information and advocacy group headed by the Minister of Agriculture Asylzhan Mamytbekov visited Aktobe with an explanation of the President Nursultan Nazarbayev’s Address.

Its members visited a number of agricultural enterprises of the Martuk District, and held a meeting on changes and additions to the program "Agribusiness 2020".

The changes will affect the sphere of agriculture taxation. Increase in the land tax by 5 times is among them, however, a number of taxes will be canceled: transport, property taxes, emissions into the environment will be reduced. Thus, the tax burden for farmers will not increase, A. Mamytbekov said.

In addition, positive changes are outlined in the scope of VAT payment for enterprises of agriculture producers. Agriculture Ministry plans to fight the shadow turnover of meat, wool and other agricultural products.

Farms are not VAT payers; processing enterprises have to pay VAT from the total turnover buying products of farms. Now all of the VAT in case of payment by a processing enterprise will be returned from the budget, the Minister of Agriculture said.

It is also planned to amend the insurance of farms with creation of the reinsurance fund of the state.

The Minister said that the goal to resolve three major issues hindering development of agriculture: high risk, low profitability, low collateral base in the coming years.