Unconsolidated

Status: 
Active

The Income Tax (Amendment) Bill, 2018

The object of this Bill is to amend the Income Tax Act so as to—
(a) limit the deductibility of interest on debts owed by certain taxpayers
to thirty percent of tax earnings before interest, tax, depreciation and
amortisation;
(b) revise the Kwacha to United States dollar exchange rate to be used
in computing indexed losses and indexed capital allowances for
persons carrying out mining operations and keeping their books of
accounts in United States dollars;
(c) make mineral royalty non deductible for income tax purposes;

The Mines and Minerals Development (Amendment) Bill, 2018

The object of this Bill is to amend the Mines and Minerals
DevelopmentAct 2015, so as to provide for—
(a) increase the mineral royalty for copper, cobolt and
vanadium;
(b) extend the liability to paymineral royalty to any person in
possession of minerals in respect of which mineral
royalty has not been paid; and
(b) provide for matters connected with, or incidental to, the
foregoing.

The Value Added Tax (Amendment) Bill, 2018

The object of this Bill is to amend the Value Added Tax so as
to—
(a) Provide for the use of an electronic fiscal device in
recording daily sales;
(b) broaden the scope of taxable; and
(b) provide for matters connected with, or incidental to, the
foregoing.

The Insurance Premium Levy (Amendment) Bill, 2018

The objects of this Bill is to amend the Insurance Premium Levy Act, 2015, so
as to—
(a) provide for the issuance of fiscalised invoices in respect of thr levy;
(b) revise the due date for the remittance of the levy; and
(c) provide for matters connected with, or incidental to, the foregoing.

The Customs and Excise (Amendment) Bill, 2018

The object of this Bill is to amend the Customs and Excise Act so as to—
(a) introduce customs duty on motor cycles;
(b) introduce excise duty on non-alcoholic beverages and aviation fuel;
(c) introduce export duty on raw hides, raw skins, pearls, precious stones
and precious metals;
(d) increase the export duty on manganese ores and manganese
concentrates;
(e) revise the duty rates payable on certain goods;
(f) provide for penalties for offences connected to excisable services;
(g) increase the specific excise duty rates on fuels;

The Solid Waste Regulation and Management Bill, 2018

The objects of this Bill are to provide for—

(a) the sustainable regulation andmanagement of solidwaste;

(b) general and self-service solid waste services;

(c) the incorporation of solid waste management companies

and define their statutory functions;

(d) the licensing and functions of solidwaste service providers,

operators and self-service solid waste providers;

(e) the regulation, operation, maintenance and construction

The Rating Bill, 2018

The objects of this Bill are to—

(a) provide for the levying of rates;

(b) provide for the assessment of rateable property, plant

and machinery;

(c) provide for the appointment and powers of valuation

surveyors;

(d) provide for the continuation of theRatingValuationTribunal

and revise its composition, jurisdiction and powers;

(e) repeal the RatingAct, 1997; and

The Statistics Bill, 2018

The objects of this Bill are to—

(a) establish an integrated National Statistical System;
(b) provide for mechanisms for coordination, collection,

management and dissemination of statistics;

(c) promote the use of statistical data and information at individual, institutional, national and international levels;

(d) re-constitute the Central Statistical Office as the Zambia Statistics Agency and define its functions;

(e) establish the Board of the Zambia Statistics Agency and define its functions;

The Business Regulatory (Amendment) Bill, 2018

The object of this Bill is to amend the Business Regulatory Act, 2014, so as to—

(a) continue the Business Regulatory Review Agency and establish it as a body corporate;

(b) re-constitute the Business Regulatory Review Committee as the Board of the Agency; and

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

The Constituency Development Fund Bill, 2018

The objects of this Bill are to—

(a) provide for the management, disbursement, utilisation and

accountability of the Constituency Development Fund

established under the Constitution;

(b) establish Constituency Development Fund Committees in

constituencies and provide for their composition and

functions; and

(c) provide for matters connected with, or incidental to, the

foregoing.

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