✔ President to meet with Ministry of Finance and URA Technocrats on April 24, 2024. ✔ President to meet with all traders on May 7, 2024 at Kololo Ceremonial grounds. ✔ URA directed to suspend all penalties during further consultations. ✔ Traders agreed to open up their businesses while continuing …
Read More »EFRIS: Uganda manufacturers disagree with traders
Kampala, Uganda | THE INDEPENDENT | The Uganda Manufacturers Association has offered support for the Electronic Fiscal Receipting and Invoicing System (EFRIS) but faults government agencies on aspects of its implementation. UMA Chairman, Deo Kayemba says while the system is vital to ensure proper tax administration, the taxpayers do not …
Read More »City traders’ woes: URA to open downtown office
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) will establish an office in down town Kampala, popularly referred to as Kikuubo, that is solely dedicated to providing Electronic Fiscal Receipt and Invoicing Services (EFRIS) to traders and other tax payers, Minister of State for Finance(Planning), Hon. Amos Lugoloobi, has …
Read More »Jinja traders join strike against EFRIS
Jinja, Uganda | THE INDEPENDENT | Jinja Traders Association-TA have joined the nationwide strike by closing shop to protest the enforcement of the Electronic Fiscal Receipting and Invoicing Solution-EFRIS. Traders say that, EFRIS is a form of taxation that will lower their customers’ purchasing power and over time create unfair business …
Read More »Kyagulanyi warns new recruits against political opportunism
Kampala, Uganda | THE INDEPENDENT | National Unity Platform (NUP) President Robert Kyagulanyi, alias Bobi Wine, has urged NUP recruits not to prioritize seeking political positions but rather concentrate on the primary goal of ousting the National Resistance Movement (NRM) regime. Kyagulanyi who was on Tuesday welcoming a diverse group of …
Read More »EFRIS: City traders close shops in protest
Kampala, Uganda | THE INDEPENDENT | Shops in all parts of the city center have closed as traders protest over the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS) system. The protests were started last week by traders affiliated with the Federation of Uganda Traders’ Associations (FUTA). On Tuesday, they were …
Read More »Traders clash with URA over EFRIS system
Some traders lack the digital skills to navigate the new system Kampala, Uganda | THE INDEPENDENT | Kampala’s Kikuubo trading hub was markedly quiet most of last week, a significant deviation from its usual bustling activity. The once vibrant shops, known for their colourful fabrics, utensils and scholastics were closed, with …
Read More »Smaller businesses to be enrolled on EFRIS for VAT collection
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) is set to enlist all vatable smaller and medium size businesses on the Electronic Fiscal Receipt and Invoice Systems (EFRIS), to ensure efficiency in the collection of Value Added Tax (VAT), from these establishments. This revelation was made by the …
Read More »URA urged to sensitise traders on new tax system
Kampala, Uganda | THE INDEPENDENT | Parliament calls for sensitization of traders before the full implementation of the Electronic Fiscal Receipting and Invoicing System (EFRIS). The House chaired by Deputy Speaker, Thomas Tayebwa on Wednesday, 07 December 2022 adopted the report of the Committee on Tourism, Trade and Industries recommending changes in …
Read More »URA collects Shs5.4trillion in first quarter of FY2022/23
But it reported revenue shortfall in withholding tax, temporary road license and export levy | THE INDEPENDENT | Uganda Revenue Authority collected net revenue amounting to Shs5.4trillion against a target of Shs5.1trillion for the three months ending September 30, representing a Shs286billion surplus. This represents a 105.58% improved performance and …
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