On 15 June 2023, the Finance Minister presents the Budget for 2023/24 to the Parliament providing a comprehensive overview of the tax and associated measures, as well as the suggested priorities and changes for various sectors. The main tax

On 24 April 2023 the IMF issued a report following the first review of the extended credit facility (ECF) Arrangement and the 2023 Article IV Consultation with Tanzania. Tanzania’s economic reform program is continuing well despite the

On 28 June 2022, the National Assembly approved Finance Bill 2022 which contains the measures of the Budget for 2022/23. The Finance Act 2022 was published on 30 June 2022 in the Tanzanian Official Gazette. This Act shall come into operation on 1

On 14 June 2022, the Finance Minister presents the Budget for 2022/23 to the National Assembly. This Budget highlights presents a summary of the tax and related regulatory changes. The Budget Bill is now subject to the President’s sign to become a

On 12 June 2021, the National Assembly published the Finance Bill 2021, which contains the measures of Budget for 2021/22. This Act shall come into operation on 1 July 2021. The Bill proposed the following things: The definition of the term

On 11 June 2020, the Finance Minister proposed amendments in the Income Tax Act, while tabling the budget 2020/2021 in the Parliament. The Minister is proposed to increase the salary of the employee that will increase the income threshold from