1. WHAT IS VALUE ADDED TAX (VAT)? VAT is taxation on the value of a transaction and not on a profit resulting from them. The tax is chargeable on taxable supply of goods and services at each stage
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WHAT IS ELECTRONIC FISCAL DEVICES? Electronic Fiscal Devices (EFDs) are machines designed for use in business. They are used for efficient management and control in areas of sales, analysis and sto
In employment law, there are many things that a Tanzania employer needs to know. However, there are 10 basic things that I believe any prudent employer in the country should be aware of and have in
INNOCENT UNTIL PROVEN GUILTY? “Innocent until proven guilty” this common legal maxim is not just for popular TV series and human rights activists; its practical applicability is there to safe g
LEGAL INFORMATION INCOME TAX This article summarises income tax in Tanzania as of the date of publication and highlights key features of income tax, including 16 things every Tanzanian shoul