Income Tax Act 2024 Zambia. Zambia's ministry of finance and national planning has published the 2024 budget speech that was delivered by minister itumbeko musokotwane to the national. This article explores the key amendments to the value added tax act no 27 of 2023, the income tax (amendment) act no 22 of 2023, the customs and excise (amendment).
Parliament in zambia enacted these changes via the income tax (amendment) act, 2023 on 26th december 2023 with effective date of 1st january 2024. Under the income tax act, all taxpayers in receipt of income, other than emoluments from employment or office, are required to make advance payments in the course of the tax.
