Kenya Plans Tax Cuts to Ease Financial Strain. In a significant move to ease the financial strain on Kenyans, Treasury Cabinet Secretary John Mbadi has unveiled the government’s plan to introduce sweeping…
Author: Jeremiah Amosu
South Africa Tightens Crypto Tax Regulations in 2024
South Africa Tightens Crypto Tax Regulations in 2024. The South African Revenue Service (SARS) is intensifying its efforts to ensure tax compliance in the rapidly expanding cryptocurrency sector. It alerts traders to…
CIT in Nigeria Collection Surges by 151% in Q2 2024
CIT in Nigeria Collection Surges by 151% in Q2 2024. The Nigerian federal government’s Company Income Tax (CIT) collection skyrocketed by 150.83% in the second quarter of 2024, reaching a record N2.47…
Zimbabwe Pushes for VAT Exemption on Renewable Energy in 2024
Zimbabwe Pushes for VAT Exemption on Renewable Energy. The Zimbabwe Energy Regulatory Authority (ZERA) is urging the government to eliminate value-added tax (VAT) on renewable energy products in a bid to promote…
Kenya Proposes Extension of Tax Amnesty to 2025, Introduces New Tax Relief Provisions
Kenya Proposes Extension of Tax Amnesty to 2025, Introduces New Tax Relief Provisions. The Kenyan government is pushing for an extension of the Kenya Revenue Authority’s (KRA) Tax Amnesty Programme through the…
South African Court Slams SARS for Aggressive Tax Practices in Recent Ruling
South African Court Slams SARS for Aggressive Tax Practices in Recent Ruling. The South Gauteng High Court’s recent decision in favour of TALT against the South African Revenue Service (SARS) has highlighted…
Nigeria Plans VAT Increase to 10%, Offers Tax Cuts
Nigeria Plans VAT Increase to 10%, Offers Tax Cuts. The Presidential Committee on Fiscal Policy and Tax Reforms has proposed raising Nigeria’s Value Added Tax (VAT) from the current 7.5% to 10%…
Ghana to Expand Double Taxation Agreements with 36 New Treaties
Ghana to Expand Double Taxation Agreements with 36 New Treaties. The Ministry of Finance in Ghana is planning to expand its network of Double Taxation Agreements (DTAs), adding 36 new treaties to…
Zimbabwe Scraps VAT on Meat to Boost Affordability and Nutrition
Zimbabwe Scraps VAT on Meat to Boost Affordability and Nutrition. The Zimbabwean government has announced the removal of value-added tax (VAT) on beef, pork, and poultry products, a strategic move aimed at…
Morocco Removes VAT on School Supplies to Lower Education Costs
Morocco Removes VAT on School Supplies to Lower Education Costs. Morocco has announced a significant policy shift by exempting a broad range of school supplies from Value-Added Tax (VAT), aiming to reduce…