Commissioner General John Musinguzi outlines ways of hitting this target | THE INDEPENDENT | Uganda Revenue Authority Commissioner General John Rujoki Musinguzi has outlined his plan that will make it possible for him to achieve the Shs25.1tn target for FY2022/23 set by the Minister of Finance Planning and Economic Development. …
Read More »Stanbic Bank, KACITA move on Asian markets
Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …
Read More »URA misses 2020/21 revenue target by Shs2.4trillion
The taxman is optimistic about future performance Kampala, Uganda | JULIUS BUSINGE | The Commissioner General for Uganda Revenue Authority, John Rujoki Musinguzi, has an uphill task of collecting taxes from businesses and individuals that continue to face the COVID-19 pandemic hit. His supervisors at the Ministry of Finance …
Read More »Inside Uganda’s Shs44.7trillion spending plan
Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
Read More »Electronic receipts: Consumers to foot costs
Kampala, Uganda | THE INDEPENDENT | As Uganda Revenue Authority implements the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), traders and other taxpaying companies fear that the cost of doing business will increase. The URA has got a go-ahead to continue implementing EFRIS, after the High Court dismissed a petition …
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