1.0 Introduction. 2.0 Fiscal Policies for 2018/19. 3.0 Policy and Strategies to Increase Revenue for the year 2018/19. 4.0 Expenditure Policies for the year 2018/19. 5.0 Priority Areas for 2018/2019. 6.0 Reforms of the Tax Structure, Fees, Levies and other Revenue Measures. 7.0 Budget Structure for the Year 2018/19. 8.0 Conclusion. 1.0 Introduction On […]
Summary of the Finance Act, 2017
Abolition of annual motor vehicle license and escalation of excise duty on fuel. Abuse of charitable status by charitable organizations addressed. Withholding tax to small and medium scale of miners. Emphasis on Government e-payment system (GePG). Abolition of VAT on transit goods to be consumed outside Tanzania Government and public authorities to open accounts with, […]
Highlights of the Finance Bill, 2017
Abolition of annual motor vehicle license and increase of excise duty on fuel. Abuse of charitable status by charitable organizations addressed. Withholding tax to small and medium scale miners. Emphasis on Government e-payment system (GePG). Abolition of VAT on transit goods to be consumed outside Tanzania. The Finance Bill, 2017 (“The Bill”) dated 2nd June, […]
Import Duty Exemption For Investors Registered With Tanzania Investment Centre
Importation of goods in Tanzania attracts various taxes which include Import Duty, Excise Duty and Value Added Tax. All these taxes are levied on goods imported in the country. This means that investors both local and foreign will have to incur the expenses of paying the taxes imposed on importation of goods in Tanzania. However, […]
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