• Minister of Finance granted powers to waive income tax for strategic investors after approval of National Investment Steering Committee (NISC).
  • Minister of Finance reinstated the power to remit any interest or penalty after consultation with the Commissioner General of the Tanzania Revenue Authority (TRA).
  • Proposed introduction of 3.5% income tax rate for taxpayers with turnover above TZS 11M but not exceeding TZS 100M.
  • Proposed payment of taxes through mobile wallets.
  • Introduction of withholding tax on rentals paid by individuals for residential apartments, houses and commercial premises.
  • Proposed introduction of digital services tax rate of 2% to non-resident service providers.
  • Exemption of withholding tax on coupon for Corporate and Municipal Bond.
  • Reduction of the withholding tax rate of 15% to 10% on payments made to non-residents in the film industry.
  • Proposed introduction of 2% final withholding tax on payments to small scale miners.
  • Proposed introduction of income tax of TZS 3,500,000 per year on each truck and passenger buses.
  • Exemption of capital gain tax on equity shares freely surrendered to the Government through the Treasury Registrar.
  • Proposed of advance income tax of TZS 20 per litre for retailers of petroleum products.
  • Elimination of VAT exemption on smart phones, tablets and moderns.
  • Elimination of VAT exemption on supply of air charter service
  • Minister of Finance granted powers  to exempt VAT on strategic investors after approval of National Investment Steering Committee (NISC)
  • Proposed exemption of VAT on standing trees,
  • Proposed exemption of VAT on fertilizer manufactured locally for one year
  • Proposed exemption of VAT on double refined edible oil.
  • Proposed exemption of VAT on dairy packaging materials
  • Amendment of VAT Act, Cap 148 to accommodate taxation of the digital services
  • Reduction of the Workers Compensation Fund (WCF) contribution rate from 0.6% to 0.5%.
  • Amendment to reduce money transaction  levy on sending and withdrawing monies from maximum of TZS 7,000 to TZS 4,000 on each transaction.
  • Proposed fee of between TZS 1,000 to TZS 3,000 on the Television Decoder Subscription depending on the use.
  • Proposed reduction of hotel levy from 10% to 5%.
  • Mandatory insurance to include commercial buildings, imported goods, public markets, marine vessels, ferries and pontoons.
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