The ‘Tax Big Five’: Will this year’s Budget see a successful hunt?

What you need to know:

Just as it languorously lopes, constrained by its weight, so too do Tanzanian businesses stagger under a burden of taxes and regulatory imposts typically much higher than the rest of the region

At an industry level our taxes are frequently an outlier. For example, turnover taxes on electronic communication services (excise, VAT, service levy, TCRA, UCAF) come to a staggering cumulative 40.2 percent of pre-tax turnover, or 28.7 percent if taken as a proportion of the tax inclusive price. In a March 2021 report, the GSM Association commented that “the tax contribution of the mobile sector in Tanzania is considerably higher than the average for Sub-Saharan Africa and also above other regional averages; this could limit the country’s transition to a digital economy”. It noted that the 17 percent excise duty rate on mobile services is the second highest in Sub-Saharan Africa, and that “in Tanzania, consumer taxes represent a significant share (32 percent) of the total cost of mobile ownership (TCMO)”.

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The ‘Tax Big Five’: Will this year’s Budget see a successful hunt?

What you need to know:

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