Zanzibar: Finance Act 2023 amendments
As per the Finance Act 2023, passed by the House of Representatives of Zanzibar on 21 June 2023, the Vocational Training Levy has been amended in section 27 of the Vocational Training Act, No. 8 of 2006, effective as from 01 July 2023.
These amendments are as follow:
- The levy shall be paid to the Deputy Commissioner at the end of every month, from every employer who has in his employment five or more employees
- The levy shall be the sum of money equal to 4% of the total gross monthly emoluments payable by employer to all his employees in respect of that month
- The employer with three or not more than five employees shall file a nil return every after six months through electronic filing system or in a mode indicated by the Deputy Commissioner. Where an employer fails to file every after six months returns, commits an offence and shall, upon conviction, be liable to a fine of not less than Five Hundred Thousand Tanzania Shillings
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