Tanzania Tax Agency Issues Monthly Income Tax Table Guidance for 2023-2024

Oct. 6, 2023, 5:00 AM UTC

The Tanzanian Revenue Authority Oct. 4 posted online monthly income tax table guidance for 2023-2024. Topics covered include: 1) a tax exemption for income up to 270,000 Tanzanian shillings (US$107); 2) tax rates varying from 8 percent to 30 percent, for income between 270,000 shillings and exceeding 1 million shillings (US$398), effective July 1; 3) a 30 percent tax rate for certain income of nonresident employees of resident employers that is subject to withholding; 4) tax tables for monthly incomes; and 5) employer guidance for monthly filing and payment of pay as you earn (PAYE) and the skills development levy ...

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