The Minister of Finance of the United Republic of Tanzania announced the amendments of the Workers Compensation Fund Act, Cap. 263 by reducing the rate of contribution to the Fund applicable to the Private Sector Institutions from 1% to 0.6%, effective 01 July 2021. Please click here to view the Government Notice No. 496G
Companies that are applicable to the percentage decrease to 0.6% may do so by following this knowledgebase article.
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Sage Pastel Payroll