Tag Archives: excise duty

Kampala, Uganda | THE INDEPENDENT |  The new tax proposals in the Excise Duty (Amendment) Bill 2024 once passed by Parliament, would make alcoholic beverages unaffordable to consumers, resulting in reduced volume sales, leading to a decline in annual tax revenues to the Government, according to alcoholic sector players. The …

Kampala, Uganda | THE INDEPENDENT | MPs have passed the Excise Duty (Amendment) Bill, 2022 scrapping taxes on sugar confectionaries, sweets, gums, and chocolates. The bill was earlier passed in March 2022 but returned to Parliament for reconsideration by President Yoweri Museveni. The Parliament Committee on Finance, Planning and Economic Development …

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Finance, Planning and Economic Development has met officials from Uganda Manufacturers’ Association (UMA) and Uganda Plastic Recyclers Association to negotiate a settlement over the controversial US$70 levy on plastic imports in the country. The Excise Duty (Amendment) Act 2022 had levied a 2.5 …

Kampala, Uganda | THE INDEPENDENT | Parliament on Wednesday passed the Excise Duty (Amendment), 2022, but rejected a proposal seeking to reduce tax on fuel. The proposal was carried in a minority report presented by Kampala Central MP, Muhammad Nsereko. Nsereko proposed that the excise duty on motor-spirit gasoline which …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development says one of the main reasons as to why the government introduced a 12 percent Excise duty on internet use was to trap Ugandans who were evading OTT by using Virtual Private Networks (VPN). The Over the …

Kampala, Uganda | THE INDEPENDENT | Legislators on the Parliament Committee of Finance have expressed concern over proposed increase of taxes on cigarettes saying they will hit hard tobacco farmers and companies at a time everyone needs cushion to recover from coronavirus (COVID-19) crisis. In the 2020/21 financial, Uganda proposes …

Kampala, Uganda | THE INDEPENDENT | Parliament’s Finance Committee has endorsed a government proposal to exempt excise duty on raw materials used in the manufacture of sanitary pads. According to the committee, the exemption is meant to reduce the cost of sanitary pads and offer relief to girls especially those in …

Kampala, Uganda | THE INDEPENDENT | Parliament has maintained a sh200 per litre tax on non-alcoholic drinks that government sought to reduce in the next financial year. In a plenary session chaired by Deputy Speaker Jacob Oulanyah, MPs on Tuesday afternoon approved parliament’s Finance Committee report on the Excise Duty …