Uganda Parliament Speaker Rebecca Kadaga has confirmed that the Income Tax Amendment Bill (copy bottom) is now law. Kadaga told parliament on Wednesday that technically, the law has been assented to despite President Yoweri Museveni returning the bill to parliament for the third time last month, seeking amendments. The Income Tax Bill …
Read More »VIDEO: New VAT, online challenges for URA and Africa
VIDEO: African Tax administrators have called for the need to strengthen Value Added Tax Administration on the continent to increase tax revenues. Uganda Revenue Authority Commissioner General Doris Akol says improving domestic Revenue Collection, is the only way African tax bodies can combat tax evasion. Akol was speaking during the 17th …
Read More »What launch of Single Electronic Window means for Uganda
Single Electronic Window: The new system will see a 30% reduction in transaction costs for the private sector Uganda Revenue Authority (URA) has launched the Uganda Single Electronic Window system. The new system will see a 30% reduction in transaction costs for the private sector, writes Juddie Kilungu. It will also …
Read More »Experts salute URA but warn of a mountain to climb to lift Tax-GDP ratio
URA at 25: Experts salute URA but warn of a mountain to climb to lift tax:GDP ratio from miserable 12% On September 20, Uganda Revenue Authority (URA) across the country replaced their shirts and tops with T-shirts inscribed with the words: “Believe there is good in the world” and headed …
Read More »MUSEVENI: URA can lead Uganda to middle income status
President Yoweri Museveni has described the Uganda Revenue Authority (URA) as one of the successes of the National Resistance Movement government. “You are among the greatest heroes of this nation,” said Museveni, in a speech read for him by the Prime Minister Ruhakana Rugunda at the climax of URA’s Silver Jubilee celebrations …
Read More »URA marks 25 years, sees growth from sh180b to 11trillion
Uganda Revenue Authority (URA) on Thursday marked 25 years since its formation, celebrating revenue growth of 6273% and a remarkable turnaround that now has them referred to as an employer of choice. At a thanksgiving at their Nakawa headquarters, Commissioner General Doris Akol hailed the turnaround of URA’s image and performance, shown …
Read More »VIDEO: KCCA to start taxing property revenue on commercial buildings
VIDEO: Kampala Capital City Authority (KCCA) is to start taxing all commercial buildings in Kampala especially shopping malls and hotels. The move according to the director Revenue Collections at KCCA Sam Sserunkumba is aimed at widening the tax base. KCCA is currently struggling to raise targeted revenue. Share on: WhatsApp
Read More »1991-2016: URA to celebrate 25 years of tax transformation
When the Uganda Revenue Authority (URA) and tax family gather at their Nakawa headquarters on September 15, there will be many milestones to celebrate. September 15, 2016 marks 25 years since inception of URA, having been established by an act of Parliament in 1991 to collect central government revenue and facilitate trade in Uganda. …
Read More »TAXES: Akol’s massive shortfall headache
Having been appointed in October 2014 to replace the long-serving Allen Kagina as commissioner general of the Uganda Revenue Authority (URA), Doris Akol started her tenure on a rather good note. At the presentation of her very first annual revenue performance report in July last year, she was all smiles …
Read More »URA collects record 11.2 trillion, sh400bn short of target
Uganda Revenue Authority (URA) collected sh11.23 trillion, 400 billion less than targeted for the fiscal year 2015/16. Despite the shortfall on the target, the tax figures represented a growth of 15.60% (sh1.5 trillion) from the previous year’s figure of sh9.7 trillion collected in revenue. URA has now been taxed to …
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