On or around 5th June 2020 the Minister of Finance Planning and Economic Development tabled in Parliament 4 bills for approval into Acts of Parliament. The above bills are to amend The Income Tax Act (Bill No. 1 dated 4th June 2020), The Excise Duty Act (Bill No.1 dated 4th June 2020), the Tax Procedures Code Act (Bill No. 9 dated 30th March 2020) and the Value Added Tax Act (Bill no 14 dated 4th June 2020). The bills are ostensibly to address the negative effects of COVID-19 on taxpayers. Whereas the measures themselves are timely and more than welcome,…
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