MEMORANDUM
The object of this Bill is to amend the Customs and Excise Act so
as to—
(a) revise the rates of customs and excise duty payable on
certain goods;
(b) revise the list of goods subject to surtax at importation;
(c) introduce ten percent excise duty on betting; and
(d) provide for matters connected with, or incidental to, the
foregoing.

The object of this Bill is to amend the Income Tax Act so as to—
(a) permit the deduction of the skills development levy as a
tax deductible expense in advance of its payment to
align with the accrual principles that apply for other
deductions under the Act;
(b) extend advance tax on income at the rate of fifteen
percent to remittances and exports above two thousand
United States dollars or kwacha equivalent made
through a commercial bank by an account holder without
a valid tax clearance certificate;