Importing a used car now costs more as Finance Act takes effect
Tanzania, July 1 -- Dar es Salaam. Tanzanians planning to import used vehicles will have to dig deeper into their pockets from today, July 1, as a raft of tax measures under the Finance Act 2026 takes effect, ushering in changes that will affect motorists, small businesses, smokers, mining investors and consumers of beauty products.
The implementation of the new law marks the beginning of the 2026/27 financial year, under a Sh62.3 trillion national budget. The reforms are aimed at broadening government revenue while maintaining incentives for selected sectors of the economy.
Among the most significant changes is an increase in excise duty on imported used vehicles. Following amendments by Parliament, vehicles aged between eight and 10 y...
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