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Tax First Alert | September 2024
Income Tax Amendments Edition
In February 2024, the Minister of Finance and Public Enterprises, Hon. Iipumbu Shiimi tabled the 2024/2025 National Budget, aimed to provide tax relief for taxpayers while also broadening the tax base with new policy proposals to improve revenue generation and growth.
The proposed income tax amendments, following stakeholder engagement have been Gazetted (No. 8442) on 16 September 2024 with respective effective dates.
Download the pdf below to read the brief summary of the income tax amendments with high level comments. PwC will be hosting a Tax Amendment update session where these will be discussed in greater detail.
Register here for our Tax Update | Tax Amendments 2024 Session
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