Cassian & Associates provides summary of Tanzania’s 2025/26 National Budget

Tanzania’s financial landscape is set for transformative change. The Finance Bill, 2025/26, was presented to the Parliament on 12 June 2025 and MGI Worldwide member firm Cassian & Associates has kindly put together a high-level summary of key figures presented and proposed tax changes to help you navigate its implications.

The summary includes:

• Key tax updates: proposed adjustments to personal and corporate income tax, VAT rates, and excise duties.

• Compliance highlights: new requirements designed to streamline filing and reporting.

• Spending priorities: revenue targets and sector allocations aimed at sustaining growth and stability.

CLICK to download the Full PDF Brief to explore detailed insights. If you have any questions or wish to discuss how these changes may affect your clients, feel free to reach out to Baraka Cassian, Partner at Cassian & Associates.

MGI Worldwide is a top 20 ranked global accounting network and association with over 8,800 professionals, accountants and tax experts in some 440 locations in almost 100 countries around the world.