Tanzania Tax Rate Changes

Tanzania Tax Rate Changes

Legislation, Payroll / eTorQue, Tax

The Minister of Finance announced in the 2013/2014 Annual Budget Statement in June 2013 that the individual income tax rates have been amended for the 2013 year of assessment effective from 1 July 2013. The documentation we have received contains limited tax rules and amendments, therefore, if there are any discrepancies it would be appreciated if you would provide us with the official documentation for the changes not catered for in this document.

The tax-free income band has been increased from Shs 1 620 000 to Shs 2 040 000 per annum. All other income bands and percentages remain unchanged.