The Rwandan Cabinet has approved a series of new tax measures aimed at enhancing domestic revenue mobilisation to support the second phase of the National Strategy for Transformation (NST2), which runs from 2024 to 2029.
- Tax on Foreign Digital Services
- Excise Duty on Cosmetic and Beauty Products
- Vehicle Registration Fee Adjustments
- Fuel Levy Adjustment
- Reintroduction of VAT on Mobile Phones
- VAT on ICT Equipment Returns
- Increased Taxes on Gambling
- Introduction of Tourism Levy
- Hybrid Vehicles to Pay VAT but Retain Import Duty Exemption
- Higher Excise Duty on Cigarettes
- Beer Excise Duty to Increase by 5 Percentage Points
- Increased Excise Duty on Airtime
Source: furtherafrica.com
