Tanzania Budget 2026/27 Tax & Fiscal Policy Analysis – Tax-wise
How to Apply for an Extension of Time to File a Return of Income (ROI) on the TRA iDRAS Portal – Complete Guide for Taxpayers in Tanzania
How to Apply for Extension of Time to File Return of Income (ROI) on TRA iDRAS Portal Learn the legal requirements and step-by-step process for applying for an extension of time to file a Return of Income (ROI) through the TRA iDRAS Portal in Tanzania. Avoid penalties and stay compliant. Focus Keyword: Extension of Time […]
Tanzania Finance Act 2025: Withholding Tax on Services Increased from 5% to 10% in Key Sectors
Tanzania’s Finance Act 2025 raises WHT from 5% to 10% for select services. See what changed and how S R Auditors can help you stay compliant. The Government of Tanzania has introduced significant tax changes through the Finance Act, 2025, amending the Income Tax Act (Cap. 332). One of the most impactful changes is the […]
Withholding Tax Now Applies to Motor Vehicle Rentals – Tanzania Finance Act 2025 Update
🚗 Withholding Tax Now Applies to Motor Vehicle Rentals The Finance Act, 2025 (Act No. 11 of 2025), effective 1 July 2025, introduces a significant amendment to Tanzania’s Income Tax Act [Cap. 332], expanding the withholding tax scope to include hired motor vehicles. This change affects both businesses and individuals who lease or rent vehicles (as […]
Withholding VAT in Tanzania 2025
How withholding VAT works in Tanzania
• Who does withholding VAT apply to in Tanzania
• VAT rules for traders in Tanzania
• VAT for suppliers to government Tanzania
• VAT registration requirements Tanzania
• VAT tax advisory Tanzania
PDPC Registration – Mandatory in Tanzania
Are You Compliant? PDPC Registration – Mandatory in Tanzania— A Quick Guide from S R Auditors The Personal Data Protection Commission (PDPC) of Tanzania now requires all entities that collect, process, or store personal data—whether individuals or organisations—to register officially with the Commission. This applies to companies, NGOs, professionals, and even small businesses that handle […]
Finance Act 2024: Changes that affect your business in Tanzania starting 1 July 2024
Summary of the Finance Act 2024 The Finance Act 2024 brings significant changes across various sectors, impacting taxes, duties, levies, and the management of public revenues. Below is a detailed summary of the key amendments introduced in the Act: Part I: Preliminary Provisions The Act is officially cited as the Finance Act, 2024, and comes […]
Tanzania’s Finance Bill 2024: Key Changes and Proposals
Finance Bill 2024: Key Changes and Proposals Introduction The Finance Bill 2024 introduces a series of amendments aimed at enhancing economic growth, improving domestic revenue mobilization, and refining tax administration. This blog post summarizes the key changes proposed across various sectors, providing insights into the bill’s impact on industries, agriculture, energy, infrastructure, and more. Banking […]
Tanzania Budget for 2024 – 2025: Key Changes Proposed
Executive Summary The Tanzanian government, under the leadership of President Dr. Samia Suluhu Hassan, has presented the 2024/25 budget aimed at sustainable economic transformation and fiscal consolidation. The proposed changes focus on enhancing revenue collection, promoting local industries, and supporting strategic sectors such as agriculture, tourism, and energy. The budget also emphasizes improving the business […]
TRA extends May 2022 VAT deadline
a The Tanzania Revenue Authority (TRA) have extended deadline to file May 2022 VAT return. The new deadline is 27 June 2022 (instead of 20 June 2022) Do not hesitate to contact us should you need any further assistance via https://wa.me/message/KKCTTMIKBY3GJ1 For professional tax advice, Connect with us