Tax body to save Shs3.8bn annually upon completion of the project Kampala, Uganda | THE INDEPENDENT | The newly constructed 23-floor Uganda Revenue Authority headquarters at Nakawa that President Yoweri Museveni will commission today, is designed as a one-stop centre to boost tax collection. Constructed in a record four years, the project will converge …
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Kampala, Uganda | THE INDEPENDENT | Local leaders in Luweero district are worried of a likely drop in local revenue collection after sand and stones were declared minerals by Ministry of Energy and Mineral Development. Government approved a new mining policy, placing sand, murram, granites and stones under the mineral sector. …
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Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority must install big scanners at all entry and exit points to boost revenue collection, according President Yoweri Museveni. President Museveni, who was speaking during the recently concluded symposium dubbed ‘first science model workshop’ organised by URA in partnership with the African Tax …
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Sustained marketing in America, Germany and the United Kingdom boosts tourist numbers but questions on validity of figures persist Kampala, Uganda | RONALD MUSOKE | Uganda has registered a surge in tourist numbers over the last one year, with many of the visitors coming in from key source markets of the …
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URA to collect Shs16.3tnas experts worry about some proposed taxes Kampala, Uganda | ISAAC KHISA | Newly proposed taxes and enhanced revenue collection measures could help the taxman collect an additional Shs1.9trillion to hit the new Shs16.3trillion revenue target. The government has tasked the Uganda Revenue Authority (URA) to collect more money in …
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Separating fact from fiction Kampala, Uganda | RONALD MUSOKE | According to official figures, tourism contributed up to US$1.35 billion into Uganda’s export basket in 2016, and was the single highest foreign exchange earner; contributing 23.5% of total exports. Based on those figures, the tourism lobby; which has advocates on …
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Government move to stop telcos from selling SIM cards through agents could hurt the company’s revenue going forward Kampala, Uganda | ISAAC KHISA | MTN’s subsidiary in Uganda has recorded a surge in revenue for the year ended December 2017 amidst a sharp fall in subscriber base. The full year performance results …
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But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …
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Kampala, Uganda | JULIUS BUSINGE | The East African Revenue Authorities are facing similar challenges – a small tax base because of a huge informal sector, tax evasion, limited human resource personnel and volatile economy. Others are poor information technology systems and connectivity, political uncertainties and delays in dispute resolution. In …
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THIS WEEK: Government abolishes revenue collection by private entities Kampala, Uganda | THE INDEPENDENT | During a Sept.25 press conference, Minister for Kampala Betty Kamya announced that government has abolished privatization of revenue collection from operators of public vehicles to private entities. The minister who also banned parking fees and …
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