S R AUDITORS

Tanzania Budget 2017/18

Yesterday, Tanzania’s Minister for Finance & Planning, Hon. Dr. Philip Mpango, tabled at the Parliament of Tanzania, the estimates of government revenue and expenditure (national budget for Tanzania) for the fiscal year 2017/18. The Hon. Minister informed the Parliament that the Budget had taken on board the recommendations from various stakeholders, including business community and […]

VAT on International Transport for Goods in Transit

The VAT Act 2014, charges VAT at the rate of zero to the supply of services involving international transport of goods. Therefore, the transportation of goods to/from outside the United Republic of Tanzania is zero rated. However, this does not apply to ancillary services rendered on transit goods. The Act defines ancillary services to mean […]

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