Last Monday marked the end of public participation in the tax proposals made in the Finance Bill 2024 (“the Bill”). Like last year, the stakeholders came forward in large numbers to make oral submissions on various clauses of the Bill with a clarion call to have some of the clauses amended or dropped, prior to the passing of the Bill.
This year, in addition to the usual oral submissions by stakeholders who would ordinarily have made written submissions, the departmental committee on Finance and National Planning (“the Committee”) set aside one day for public hearings. This was reserved for any member of the public to share their views and proposals with the Committee.
