The new gambling tax policy is part of a broader suite of reforms for the fiscal year 2024/2025, which includes several adjustments across various sectors.
For instance, an excise duty of 15% on cosmetic and beauty products will be introduced, while the registration fees for all vehicles, including electric vehicles, will see an increase.
Additional measures include a revised fuel levy, adjustments to VAT on mobile phones and ICT equipment, and the introduction of a 3% Tourism Levy on accommodation costs to bolster investments in the tourism sector.
Moreover, efforts to promote green mobility are reflected in continued tax exemptions for hybrid vehicles, alongside proportional excise duties based on the vehicle’s age.
The Government of Rwanda aims to support all taxpayers through education and facilitation initiatives during this transition. Awareness programs will be implemented to ensure citizens and businesses are well-informed about the new tax provisions.
“In these challenging times, we recognize the importance of collaboration with our taxpayers. Our commitment to a prosperous future for all Rwandans remains steadfast, and we will work diligently to ensure that these reforms benefit our society as a whole,” the statement further read.