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Grant Thornton has put together its annual summary of the key highlights of the national budget delivered by the Minister of Finance and Development Planning, Honourable Kenneth Matambo. This year the focus of the budget is on “Fuelling economic growth and diversification”. View our 1 page summary to get a quick preview of the 2015/16 budget.

With effect from 15th April 2015, taxpayers and authorized tax representative are advised that BURS will only accept bank guaranteed cheques to settle tax owing.

Certain amendments have been made to the Value Added Tax Act. These amendments are effective from 23 January 2015. BURS would expect anyone affected by the stated change to take appropriate steps with immediate effect.