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"content": "Honourable Members, the Value Added Tax (Amendment of the Rate of Tax) Order, 2020 seeks to reduce the rate of value added tax applicable to the taxable value of taxable supply, the value of imported taxable goods and the value of taxable services from the current 16% to 14%. The Cabinet Secretary for the National Treasury has since submitted the Order to the National Assembly for its consideration. This is to acknowledge having received the Order and the Clerk did also duly register the Order in the Statutory Instruments Register as required by section 11(3) of the Statutory Instruments Act, 2013. Upon receipt, I did refer the Order to the Committee on Delegated Legislation for review and scrutiny as required under section 12 of the Statutory Instruments Act. This is intended to allow scrutiny of the Order to be undertaken before tabling to be done during the Special Sittings. This is also to ensure the Committee has ample time to consider the Order ahead of the Special Sittings."
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