The Government has submitted a Bill to amend the Tax Administration Act, proposing significant changes to the amount of tax taxpayers must pay before filing an appeal at the Tax Appeal Tribunal, including increasing the payment requirement from 25% to 50% of the disputed tax amount and requiring 100% payment for certain categories of assessments.

MIRA has published the 32nd Amendment to the GST Regulation, setting out the practical GST rules for the new offshore inbound tourism products regime including rules on registration, the margin-based GST calculation, input tax restrictions, invoicing and price display, return filing, record keeping, adjustments and transitional rules.

The Sixth Amendment to the Income Tax Regulation introduces a number of important changes to the income tax framework, affecting the tax treatment of leases, capital allowances, functional currency, accounting and filing requirements, employer-provided staff accommodation and certain registration and compliance obligations.

The Eighth Amendment to the GST Act introduces a new GST framework for offshore suppliers of inbound tourism products, including foreign tour operators, online travel agencies and booking platforms.