Constituency Corner

The Value Added Tax (Amendment) Bill, 2020

The object of this Bill is to amend the Value Added Tax Act, so as to—

(a) provide for the use of an electronic payment machine as a payment method and introduce a penalty for failure to comply;

(b) provide for a trigger point for the computation of the two year period for an assessment based on an incorrect or inadequate return;

(c) revise the penalty for submission of false returns and statements;

(d) provide for an upward adjustment of the penalty for evasion of taxation; and

The Skills Development Levy (Amendment) Bill 2020.pdf

The object of this Bill is to amend the Skills Development Levy Act, 2016, so as to revise the provisions relating to the charge of a skills development levy.

The Mines and Minerals Development (Amendment) Bill, 2020

The object of this Bill is to amend the Mines and Minerals Development Act, 2015, so as to provide for the change in name of the Metal Bulletin.

CPA Secretary-General highlights the important role of Commonwealth Parliamentarians in preserving peace and preventing political violence at CPA Zambia Workshop

The Commonwealth Parliamentary Association (CPA) Secretary-General, Stephen Twigg has highlighted the important role of Commonwealth Parliamentarians in preserving peace and preventing political violence at a workshop organised by the CPA Zambia Branch and the Parliament of Zambia.

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CPA RELEASE

The Customs and Excise Duty (Amendment) Bill, 2020

Submitted by paul on Sat, 2020-11-28 07:32

The object of this Bill is to amend the Customs and Excise Act so as to—

(a) reduce the customs duty on selected agriculture equipment and inputs;

(b) increase the customs duty on selected agriculture products; (c) provide for a deduction mechanism for excise duty paid

on airtime by service providers;

(d) provide for a time frame for pre-clearance for imported goods through a customs aerodrome;

The Value Added Tax (Amendment) Bill, 2020

Submitted by paul on Sat, 2020-11-28 07:31

The object of this Bill is to amend the Value Added Tax Act, so as to—

(a) provide for the use of an electronic payment machine as a payment method and introduce a penalty for failure to comply;

(b) provide for a trigger point for the computation of the two year period for an assessment based on an incorrect or inadequate return;

(c) revise the penalty for submission of false returns and statements;

(d) provide for an upward adjustment of the penalty for evasion of taxation; and

The Zambia Revenue Authority (Amendment) Bill, 220

Submitted by paul on Sat, 2020-11-28 07:29

The object of this bill is to amend the Zambia Revenue Authority Act so as to—

(a) revise the composition of the Governing Board;

(b) revise the quorum of the Governing Board;

(c) provide for the meetings of the Governing Board; and

(d) provide for matters connected with, or incidental to, the foregoing.

The Skills Development Levy (Amendment) Bill, 2020

Submitted by paul on Sat, 2020-11-28 07:26

The object of this Bill is to amend the Skills Development Levy Act, 2016, so as to revise the provisions relating to the charge of a skills development levy.

The Income Tax (Amendment) Bill, 2020

Submitted by paul on Sat, 2020-11-28 07:24

The objects of this Bill are to —

(a) increase the Pay-AsYou-Earn tax free threshold for individuals to forty-eight thousand Kwacha per annum;

(b) increase the amount alowed as a deduction for employng a person with disability to two thousand Kwacha per annum from one thousand Kwacha per annum;

(c) increase the tax credit for persons with disabilities to six thousand Kwacha per annum from three thousand Kwacha per annum;

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