How many TRA departments are there?
The TRA consists of four main units which fall under the supervision of the TRA chairman.
What is tax revenue in Tanzania?
Tax revenue (% of GDP) in Tanzania was reported at 11.7 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources.
Who pays income tax in Tanzania?
Residents are liable to income tax on a worldwide basis, while non-residents pay tax only on Tanzania source income. Persons present in Tanzania for at least six months are regarded as resident for income tax purposes.
How is wht calculated in Tanzania?
Withholding tax is the amount of tax retained by one person when making payments to another person in respect of goods supplied or services rendered by the payee….Withholding Tax rates.
|Description of Payment||Rate for Resident||Rate for Non Resident|
|Technical services fees (mining)||5%||15%|
How many employees does TRA have?
The Tanzania Revenue Authority (TRA) is a semi-autonomous Government Agency of the United Republic of Tanzania….Tanzania Revenue Authority.
|Government agency overview|
|Headquarters||Sokoine Drive, Dar es Salaam|
|Motto||Together we build our nation|
What is TRA revenue Department?
The Tanzania Revenue Authority (TRA) was established by Act of Parliament No. 11 of 1995, and started its operations on 1st July 1996. In carrying out its statutory functions, TRA is regulated by law, and is responsible for administering impartially various taxes of the Central Government.
Why do Tanzanians pay tax?
Paying taxes is important because the government needs the taxes to fund our roads construction, fund our national defense, support our medical care and education system and other many Government social services provision.
Do you pay tax if no income?
Individuals who fall below the minimum may still have to file a tax return under certain circumstances; for instance, if you had $400 in self-employment earnings, you’ll have to file and pay self-employment tax. If you have no income, however, you aren’t obligated to file.
What is SDL in Tanzania?
SDL is a tax on the employer calculated as 4% of gross cash emoluments of employees. It is not a tax on the individual, but is a cost that needs to be borne in mind when considering the overall cost of employment of employees. It is only applicable to employers who have a minimum of 10 employees.
How much is VAT in Tanzania?
Value-added tax (VAT) VAT is chargeable on all taxable goods and services supplied in, or imported into, the United Republic of Tanzania. The standard rate of VAT is 18% in Mainland Tanzania and 15% in Tanzania Zanzibar, but the export of goods and certain services is eligible for zero rating.
What is TRA Revenue Department?
Who is Commissioner General of TRA?
Multiply Mabinti Wasichana
Tanzania Revenue Authority
|Government agency overview|
|Minister responsible||Hon Mwigulu L. Nchemba, Minister of Finance and Planning|
|Government agency executive||Multiply Mabinti Wasichana, Commissioner General|
|Key document||Tanzania Revenue Authority Act, 1995|
What are the services provided by TRA?
Tax Debt Management. Customs Clearance. Permits and licenses. Response to enquiries and complaints.
How does government earn revenue?
Direct taxes include income tax, real property tax, personal property tax, or taxes on assets; while some of the indirect tax modes include GST, customs duty and tax deducted at source (TDS). On the other hand, non-tax revenue is the recurring income earned by the government from sources other than taxes.
Where do government generate revenue from?
Federal government revenue is principally derived from taxes on personal and corporate income; until the 1980s the corporate share was diminishing, but changes in tax law tended to increase it.
How is NSSF calculated in Tanzania?
There is a state social security scheme known as the National Social Security Fund (NSSF), which every employer in the private sector must contribute to. The employer’s contribution is 20% of the employee’s cash remuneration; however, the employer is entitled to recover up to half of this from the employee.
Who pays WCF in Tanzania?
WCF. All employers in mainland Tanzania are required to contribute to the Workers Compensation Fund (WCF). As from 1 July 2021, private sector employers contribute 0.6% of total employee earnings while public sector employers contribute 0.5%.