- Tanzania reduces VAT on electronic payments by 2%
- Change is part of the 2025 Finance Act
- Aims to promote digital payments and reduce cash transactions
- Seeks to improve availability of transactional data for government
- New VAT rate of 16% effective from 1 September 2025
Source: vatcalc.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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