Kampala, Uganda | THE INDEPENDENT | The Aruu County Member of Parliament Odonga Otto was rushed to Nakasero hospital this afternoon after a he took a punch in a fight with Kilak North counterpart Anthony Akol. Eye witnesses at parliament say the two legislators exchanged blows at parliament over claims …
Read More »Divisions in Finance over URA money
Top officials clash over budget deficits, new administrative units Kampala, Uganda | JULIUS BUSINGE | The Uganda Revenue Authority (URA) is having a hard time meeting its targets and the fall-out is leading to fights between the tax body, Ministry of Finance technocrats and their political supervisors. The key issues …
Read More »URA: Abolish OTT, tax mobile data
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) Commissioner General Doris Akol has called for the amendment, and in other cases abolition of several tax laws, including the OTT (Over-the-top media service). She has also called for an amendment of the Tax Procedure Act to allow for installment …
Read More »Africa tax body targets online companies
How can African countries increase tax revenues to fund their budgets and reduce donor dependency? This is the general question that African countries have dealt with over the years in response to the growing demand for services by the population. Kampala, Uganda | JULIUS BUSINGE | At the 4th international …
Read More »URA recalls order on tax certificate to transfer Sh50 million abroad
Kampala, Uganda | THE INDEPENDENT | Doris Akol, the Uganda Revenue Authority-URA Commissioner General, has recalled the order that required individuals and corporations transferring sh50 million and more abroad to have a tax certificate. The order, which became public on Wednesday and had been issued by Commissioner Domestic Taxes Henry Saka, …
Read More »DIGITAL TRACKING: A milestone for trade facilitation
DORIS AKOL: How IFFs reduce and eliminate growth benefits and undermine the development potential of our economies. COMMENT | DORIS AKOL | Illicit Financial Outflows (IFFs) are a major source of leakage of economic value from African economies. Illicit Financial Flows (IFFs) can be traced back to commercial activities such as …
Read More »Good jump! URA surpasses target
Commissioner General Doris Akol outlines plans for the FY 2019/2020 Kampala, Uganda | JULIUS BUSINGE | Uganda’s tax collection grew at an impressive 14.9% above target to Shs16.6trillion in the last Financial Year, the fastest pace recorded in the last four years. Results released on July 15 shows that the …
Read More »URA: Compliance, debt collection and fighting fraud yields sh383 bn
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s continued focus on compliance management, debt collection, customs enforcement and investigation of fraudulent schemes ensured the tax body saved sh383 billion in collections in 2018/19. Compliance initiatives yielded sh151.18 billion, debt recoveries brought in sh92.45 billion, customs enforcement had sh78.48 billion saved while investigations were …
Read More »Kasaija’s budget transparency initiative
It aims at putting citizens at the centre of its formulation, implementation Kampala, Uganda | JULIUS BUSINGE | “The budget is no longer interesting to us. We no longer listen to it because it does not give information that we want as farmers. Many years ago, the minister would read …
Read More »URA seeks sh66bn additional funding
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) is seeking an additional funding of sh66.3 billion shillings to improve its operations. The request for more funds in the coming financial year 2019/2020 was on Thursday tabled before Parliament’s Finance Committee by the URA Commissioner General, Doris Akol. The …
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