APRIL 2023 – GHANA 2023 TAX CHANGES It is important that employers note the following: Tax changes for the 2023 tax year published On 24 November 2022 the 2023 Budget Statement was delivered by Ghana’s Minister for Finance and Economic Planning. The Minister indicated that the income tax regime will undergo reforms in 2023, including...
OCTOBER 2022 – ZAMBIA BUDGET SPEECH FOR 2023 It is important that employers note the following: Budget speech and tax changes On Friday, 30 September 2022, Honourable Dr Situmbeko Musokotwane, MP, Minister of Finance and National Planning, delivered the 2023 budget. Budget highlights • Government proposed to spend K163.7 billion in 2023, representing 31.4% of...
DECEMBER 2020 – ZIMBABWE 2021 TAX CHANGES ENACTED BY FINANCE BILL It is important that employers note the following: Finance (No. 2) Bill 2020 enacted Zimbabwe’s Minister of Finance and Economic Development approved the Finance Bill ahead of other amendments. These amendments will give effect to various fiscal measures mentioned by the Minister of Finance...
JUNE 2020 – TANZANIA BUDGET SPEECH 2020/2021 & TAX CHANGES It is important that employers note the following: Tanzania Budget Speech Highlights & Tax Changes The 2020/2021 Budget Statement was delivered by the Minister of Finance and Economic Planning, Hon. Dr. Philip Mpango, on 11 June 2020. Economic Highlights: Real GDP growth rate for 2020...
JUNE 2020 – MAURITIUS BUDGET SPEECH 2020/2021 & TAX CHANGES It is important that employers note the following: Mauritius Budget Speech Highlights The 2020/2021 Budget Statement was delivered by the Minister of Finance, Economic Planning and Development, Dr the Hon Renganaden Padayachy on Thursday 4 June 2020. Economic Highlights: As a result of the Coronavirus...
MAY 2020 – EGYPT TAX CHANGES EFFECTIVE 1 JULY 2020 It is important that employers note the following: Changes to Income Tax Rates and Personal Reliefs On 7 May 2020 the Egyptian Government issued Law no. 26 of 2020, amending certain provisions of the Income Tax Law No. 91 of 2005 as follows: Article (8)...
