After the dissolution of the 10th Parliament, the long awaited Finance Act is now here with us. The Finance Act (FA) 2012 was assented to on 7 January 2013 and gazetted thereafter. According to the FA, the date of publication is indicated as 9 January 2013.
However, the Gazette Notice heralding the Act was published on 1 February 2013 and the FA released to the public on 5 February 2013.
In this issue we will review the main amendments made to the Finance Bill (FB) 2012 relating to: