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Rwanda Enacts Tax Reforms to Boost Revenue: New Indirect Taxes and VAT Changes

    Rwanda has implemented tax reforms to boost domestic revenue, including changes to income tax and the introduction or reintroduction of indirect taxes on certain goods and services. Key reforms include VAT on land transportation of goods, hybrid vehicles, mobile phones, and ICT equipment, as well as excise duties on financial transactions, cosmetics, and hybrid vehicles. VAT exemptions are set for specific goods until 2026 or 2028. New taxes include an environmental levy on certain imported items and a 3% tourism levy on accommodation services.

Source: ensafrica.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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