Zambia's Budget for 2021 was presented by the Minister of Finance on 25 September 2020, including a primary focus on measures to support recovery from the effects of the COVID-19 pandemic. Some of the main direct tax measures of the Budget include:
- A reduction in the corporate income tax rate from 35% to 15% on income earned by hotels and lodges on accommodation and food services, which is aimed at giving relief to businesses in the hospitality industry that have been highly affected by the …