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Tax amendments are here, what do you need to do?
Taxpayers who are providing exempt supplies such as life and health insurance, some banks, etc will no longer be required to account for VAT on imported services charged at a rate of 18%.
Tax amendments are here, what do you need to do?
By: NewVision Reporter, Journalists @NewVision
By Trevor Lukanga Bwanika
The tax amendments for FY2021/22 took effect on 1 July 2021. For the monthly tax return filing, we expect to start seeing the impact of these changes