TOWN COLLEGE OF ACCOUNTANTS (TCA) Rwanda Taxation Presentation Course Status: Completed In this lesson, we will focus on the Rwanda taxation system. The Rwanda Revenue Authority (RRA) is the governmental organization responsible for collecting taxes in Rwanda. The RRA relies on tax laws, Ministerial Orders and Commissioner General rules in tax administration. Tax compliance is one of a company’s key risks. Management, accountants, and tax consultants spend a lot of time on tax compliance as the laws are always changing. In this module, we will cover the following different taxes: Income tax, including corporate income tax (CIT) Value-added tax (VAT) Withholding tax District taxes Payroll statutory deductions We will also cover the tax deadlines and the various declarations required to comply with tax laws. All currencies in this module are stated in Rwandan Francs (RWF). There are calculations that you will need to perform throughout the module. It will be useful to use Excel or have a pen and paper close by to complete the calculations. Taxpayer registration The RRA issues a tax identification number (TIN) to all taxpayers. TINs are used by taxpayers to file their taxes. They allow the RRA to identify taxpayers. It is a nine-digit number that always begins with the number 1. Example: 101234567 A taxpayer is required to have one TIN for all transactions with RRA. If a taxpayer is also registering for value added tax (VAT), the TIN also becomes the VAT registration number. Glossary RRA: Rwanda Revenue Agency RSSB: Rwanda Social Security Board RAMA: Rwanda Medical Insurance Scheme TIN: Tax Identification Number CIT: Corporate Income Tax PIT: Personnel Income Tax VAT: Value-Added Tax EBM: Electronic Billing Machine PAYE: Pay-As-You-Earn Turnover: another term for revenues, often used by RRA Disclaimer: TCA and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors and the appropriate tax authorities.
