Tanzania's Minister of Finance delivered the Budget Speech for 2023/24 to parliament on 15 June 2023. Some of the main tax measures concern VAT, including:

• An increased VAT registration threshold from TZS 100 million to TZS 200 million;
• VAT exemptions on:
  • certain inputs used to manufacture insecticides and acaricides;
  • certain inputs used to manufacture packaging materials;
  • imported prefabrica…