The main purpose of the Bill is to give effect to the Budget proposals and consequential provisions concerning the granting of personal deductions for income tax purposes. Amendments are also being introduced to safeguard the interests of employees regarding the deductions made under the PA YE system. The Bill also updates the method of computing the profits from the business of general insurance bringing it into line with that adopted in many countries. Further amendments concern the streamlining of tax collecting procedures and other administrative measures.