FOLLOWING the assurance made by His Excellency the President, Dr Edgar Chagwa Lungu, during his last address to the nation on Friday 24th April 2020, that the Government had:a) Decided to waive tax penalties and interest on outstanding tax liabilities resulting from the impact of Covid-19 to assist companies and businesses manage their cash flows during this period; and,b) Extended the list of medical supplies that are not subject to import duty and value added tax for an initial period of six months to expedite the provision of medical related devices needed to support the fight against Covid-19.The waiver on tax penalties and liabilities aimed at assisting companies and businesses manage their cash flows during this period of Covid-19, is being implemented by the Zambia Revenue Authority in accordance with the guidelines that the tax authority has since released to the public (check www.zra.org.zm).In addition, following the pronouncements made by the Minister of Finance Dr Bwalya […]
New Tax measures already in place
