Fiscal receipt is a mandatory requirement for local purchases for income tax Rental of construction machinery and equipment attracts WHT at the rate of 10% Service of documents between the Commissioner General and Taxpayers by electronic means acceptable Admission of notices of objection made clearer Value of 1 currency point increased to TZS 20,000 Supply […]

With the issuance of the Finance Bill 2023 dated 19 June 2023, there are various proposed tax and non-tax changes to our laws that if passed will be enacted into law through the Finance Act from 1 July 2023. Below, we have looked into the changes that are worth noting for your business or investment at this point;