Tanzania National Budget bulletin for 2022/2023
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This article will cover key legislative changes as a result of amendments made by the Finance Act No.5, 2022 (the Finance Act). These changes will affect stakeholders in the respective industries/sectors in Tanzania.
Please find below the summary highlighting some of the key changes made to different tax and legislative regimes. The Finance Act, which became operational as of 1 July 2022, amends a total of 35 laws, including:
For more information on the Finance Act of 2022 and how it might affect your business, please contact Peter Kasanda and Esther Kilimba.