ANALYS OF SALES TAX BILL -GST REPORT.

In the National Budget speech on Friday 28th September, 2018, The Minister of Finance pronounced that Value Added Tax would be replaced by Sales Tax in the year 2019. (ZRA, 2019). According to the Minister of Finance, Mrs. Margaret Mwanakatwe, Sales Tax is necessary to stop the refund debt escalation and to increase domestic revenue collection to support government social development programs (Ministry of Finance, 2019). In order to realize this pronouncement, the Sales Tax Bill number 14 of 2019 was presented to parliament on 2rd April 2019 after Cabinet approved the bill. This bill presents the modalities through which Sales tax will be reintroduced in Zambia with the effective
date set for 1st July, 2019 (ZRA, 2019).

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