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Tax Compliance Update: URA Revises Section 16(5) of the Tax Procedures Code Act

The Tanzania Revenue Authority (URA) has revised Section 16(5) of the Tax Procedures Code Act, enforcing stricter tax compliance regulations for businesses in Tanzania. This update, effective September 1,...

October 9, 2024
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Effective Fund Management in the Not-for-Profit Sector

In the dynamic landscape of the not-for-profit sector, effective fund management is crucial for ensuring organizational sustainability and achieving mission-driven goals. For non-profits operating in Tanzania and beyond, mastering...

July 29, 2024
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Understanding Tanzania’s Statutory Obligations for Foreign Investors

Tanzania, often referred to as the “Pearl of Africa,” is an attractive destination for foreign investors due to its strategic location, abundant natural resources, and a steadily growing economy....

July 24, 2024
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Vacancy: Experienced Accountant Needed

Our client in the construction and real estate industry wishes to recruit an Accountant. Details Location: UGANDA – KAMPALAJOB TITLE: AccountantDEPARTMENT: FinanceREPORTS TO: Accounting Manager Duties and Responsibilities Please...

May 1, 2024
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Audit Strategies for businesses in Tanzania: Enhancing Compliance

Audit Strategies are essential frameworks designed to ensure the thorough examination and evaluation of financial records, operational processes, and compliance measures within businesses. These strategies encompass a range of...

April 26, 2024
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WHAT IS PAY AS YOU EARN (PAYE)?

In Tanzania, Pay As You Earn (PAYE) is charged on income earned from employment and business. Under the PAYE tax regime, the obligation to withhold and remit lies with...

April 26, 2024
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Have you applied for the Withholding Tax Exemption?

Tanzania Revenue Authority (URA) on the 15th of April 2024 started receiving applications for Withholding Tax (WHT) Exemptions for the 2024/2025 fiscal year. Please note that the application will...

April 24, 2024
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What is Efris? Everything you should know

The Electronic Fiscal Invoicing and Receipting System (EFRIS) is an online invoicing and receipting system implemented by the Tanzania Revenue Authority (URA) to track all vatable supplies. EFRIS is...

April 16, 2024
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Top Auditors for SMEs in Tanzania: A Comprehensive Guide

In the bustling landscape of Tanzania’s Small and Medium-sized Enterprises (SMEs), financial transparency and compliance are crucial for sustained growth and credibility. Among the key players ensuring these aspects...

April 16, 2024
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