S R AUDITORS

Income Tax rates for Tanzania 2016-2017

The Finance Act, 2016 has confirmed the new income tax rates (PAYE rates) for the fiscal year 2016-2017.

Apart from a reduction of 2% in the second band, there is no change. This will result in a maximum saving of TZS 3,800 for employees who earn TZS 360,000 or above.

income_tax_rates_tanzania_2016_2017

For professional tax advice, connect with us.

Tags: , , , ,

Sorry, the comment form is closed at this time.

Certified Public Accountants | Tax Consultants | Business Advisory | Company Secretarial