Tanzania Finance Act Analysis 2022
Further to our Budget Brief Analysis circulated right after presentation of the Tanzania Budget Speech on 14 June 2022 by the Minister for Finance and Economic Planning, Hon. Dr. Mwigulu Lameck Nchemba (The Minister)for the Fiscal year 2022/23. On 15 June 2022, The Finance Bill was tendered to the National Assembly for discussions and shared out for public consumption. Additionally, on 30 June 2022, the Tanzanian Government published the Finance Act, 2022 in the Special Gazette of the United Republic of Tanzania No. 5 Vol 103.
Therefore, the provisions of the Finance Act, 2022 became effective on 1 July 2022. This brief publication is based on the Finance Act, 2022 (“The Finance Act”) insights and analysis on the amendments of tax and other non tax laws
