[Monitor] Parliament recently passed the 2021 Tax Amendment Bills which introduced a number of changes that will impact on both businesses and individuals. The tax changes are geared towards increasing tax revenue, as the government grapples with sourcing adequate funds to service the increasing debt burden, as of April 2021 standing at around Shs 68 trillion. The government expects to raise about Shs460 billion from the proposed tax amendments. These tax changes are effective July 1, 2021 so it is important that bu
