IT is hereby notified that the Minister of Finance has, in terms of section 3 of the Finance Act [Chapter 23:04], made the following regulations:—
1. These regulations may be cited as the Finance (Amendment of section 14(2)(a) and Schedule to Chapter I of Finance Act (No. 2) Regulations, 2021.
Amendment of section 14(2)(a) of Cap. 23:04
2. With effect from the 1st January, 2021, section 14 (“Income tax for periods of assessment after 1.1.88”)(2) of the Finance Act [Chapter 23:04] is amended in paragraph (a1) by the insertion of the proviso relating to the level of taxable income earned from employment in foreign currency—