Tax Alert - National Budget 2022/2023

On June 14 2022, The Minister of Finance and Planning, Hon. Dr. Mwigulu Lameck Nchemba Madelu (MP), presented, to the National Assembly, the estimates of government revenue and expenditure for the financial year 2022/23.
In his speech, the minister proposed various tac and other legislative changes with various aims aligned to boost the national economy for the year of income 2022/23.
In this alert, we provide a summary of the tax changes proposed by the minister and the rationale behind the proposed changes.

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Tax Alert - National Budget 2022/2023