Finance (No. 3) Bill, 2018 - H.B. 13, 2018

FINANCE (No. 3) BILL, 2018


This Bill will amend the Finance Act [Chapter 23:04], the Income Tax Act [Chapter 23:06], the Value Added Tax Act [Chapter 23:12], the Customs and Excise Act [Chapter 23:02] and the Revenue Authority Act [Chapter 23:11]. The opportunity is also taken to amend other Acts having fiscal, financial or investment implications. These amendments will give effect to certain fiscal measures mentioned by the Minister of Finance and Economic Development in the National Budget Statement delivered on the 22nd November, 2018, and make certain modifications to improve revenue collection and administration. In more detail, the individual clauses of the Bill provide as follows:

The Bill wa gazetted was gazetted in a Government Gazette Extraordinary published on 14th December 2018.  The earlier Departmental Draft of the Bill [available here] now falls away.

The complete Bill can be downloaded below.

Download File: