Tax updates across Africa, simplified
The South African rand weakened on Thursday as investors turned their focus to President Cyril Ramaphosa’s annual State of the Nation Address (SONA) for insights into the country’s economic and …
South African Rand Weakens as Markets Await Ramaphosa’s Economic Address Read More
The Zanzibar Revenue Authority (ZRA) has set a new record in revenue collection, gathering 81.512bn/- in January 2025. This figure surpasses its target of 80.984bn/- and reflects an efficiency rate …
ZRA Achieves Record 81bn Revenue Collection in January 2025 Read More
The Ugandan government has presented the Income Tax (Amendment) Bill, 2025 to Parliament, proposing an extension of the tax exemption for the Bujagali Hydro Power Project until June 30, 2025. …
Uganda Government Seeks Tax Waiver Extension for Bujagali Hydro Power Read More
The Lagos State Internal Revenue Service (LIRS) in Nigeria’s commercial capital has announced that parents or guardians of SS3 students in state-funded secondary schools must present a Tax Clearance Certificate …
Lagos Mandates Tax Clearance for Free WAEC Registration Read More
South Africa is witnessing a rising trend of high-net-worth individuals opting to cease their tax residency. This shift is driven by better investment opportunities, higher income potential, and improved lifestyle …
Wealthy South Africans Relinquish Tax Residency Read More
The Federal Inland Revenue Service (FIRS) has officially launched a new withholding tax system aimed at improving tax collection, ensuring compliance, and increasing government revenue. Enhancing Efficiency and Transparency In …
Nigeria: FIRS Introduces Withholding Tax System to Boost Compliance Read More
Nigeria is implementing significant tax reforms aimed at reducing inflation and stimulating economic growth. A key component of these reforms is the proposed increase in the Value-Added Tax (VAT) rate …
Nigeria Aims to Ease Inflation by Exempting Essentials from VAT Read More
Kenya Prolongs Tax Amnesty Programme to Mid-2025, Expands Coverage. In a strategic move to bolster tax compliance, Kenya has extended its tax amnesty initiative by six months, now concluding on …
Kenya Prolongs Tax Amnesty Programme to Mid-2025, Expands Coverage Read More
VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya. In a pivotal decision, Kenya’s Tax Appeals Tribunal (TAT) has ruled that auction sales conducted for debt recovery purposes …
VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya Read More
South Africa Enacts Global Minimum Tax Law: Multinationals to File First Returns in 2026 In a landmark move to curb tax avoidance and ensure fair competition, South Africa has enacted …
South Africa Enacts Global Minimum Tax Law Read More