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Tanzania Budget Analysis 2021/22

Navigating New Realities

Following the presentation of the 2021/22 Budget Speech by the Minister of Finance and Planning on 10 June 2021; we have prepared budget highlights summarizing the key tax and related measures as well as priorities and reforms proposed for various sectors.

While all reasonable care has been taken in the preparation of these guides, Deloitte and its associates accept no responsibility for any errors contained, whether caused by negligence or otherwise, or for any loss, however caused or sustained by any person that relies on the publications.

Our budget highlights present a brief description of the main tax and related regulatory changes contained in the 2021/22 Budget speech as presented by the Minister of Finance and Planning, Dr. Mwigulu Nchemba.

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East Africa Budget Analysis

Our budget analysis reviews the changes introduced in the 2019/20 Tanzania Budget speech presented by Finance and Planning Minister Hon Philip Mpango. You will also find links pointing to our analysis of the budgets read out in the other East African countries of Kenya, Uganda and Rwanda.
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East Africa Budget Analysis

Our budget analysis reviews the changes introduced in the 2020/21 Tanzania Budget speech . You will also find links pointing to our analysis of the budgets read out in the other East African countries of Kenya, Uganda and Rwanda.
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Embracing digital tax transformation

With tax reporting now driven by transactional data, many traditional manual tax processes may not meet the data needs of modern tax departments. This is where the implementation of technology and automation tools will be key in adding value to the business. And with the right information, leaders can draft a road map to guide their digital journey.
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Equity-based compensation for employees, and its tax implications

It is not uncommon for companies to use or develop different incentive schemes for either motivating or retaining its employees. In order to ensure that top employees act in the long-term interest of the company employing them, companies may deploy equity-based compensation. By giving the employees a piece of the company, the employer ensures that there is an alignment of interests between the employee and the employer.
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To review our budget analysis for the other East African countries, please click on the respective country links below:

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Tanzania Budget Analysis 2021/22

Following the presentation of the 2021/22 Budget Speech by the Minister of Finance and Planning on 10 June 2021; we have prepared budget highlights summarizing the key tax and related measures as well as priorities and reforms proposed for various sectors.

Read more