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Tag Archives: revenue

MPs pass motion on comprehensive tax policy

Kampala, Uganda | THE INDEPENDENT | Legislators have passed a motion urging government to develop a document that will be comprehensive on the taxation policy. At a plenary sitting chaired by the Deputy Speaker, Thomas Tayebwa, on Thursday 05 May 2022, the Buyamba County MP, Gyaviira Ssemwanga, was concerned that the …

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Lira district registers low local revenue

Lira, Uganda | THE INDEPENDENT | Lira district has recorded a reduction in local revenue collected which has affected activities. In the past three financial years, the district has collected less than what it projected. For instance, in 2019/2020, the district collected 245 Million Shillings out of the estimated 393 Million …

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Night economy helps URA surpass its target

Kampala, Uganda | THE INDEPENDENT | URA has partly attributed the recent excessive revenue collection of the third quarter of the financial year 2021/22 to the resumption of the night economy and the full reopening of the entire economy. Between January and March this year, URA collected 1,834.37 Billion Shillings against a …

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Kitgum municipality struggles to raise local revenue

Kitgum, Uganda | THE INDEPENDENT | Kitgum municipality has recorded low local revenue, months after adopting the Integrated Revenue Administration System (IRAS). IRAS is a method of revenue collection aimed at having a joint revenue collection system, that solves all the requirements in tax management in all local governments. It replaced …

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Lira City East division abandons digital revenue collection system

Lira, Uganda | THE INDEPENDENT | Lira City East Division authorities have abandoned the Integrated Revenue Administration System (IRAS) and reverted to the manual revenue collection method. IRAS is a web and mobile application platform that was launched in January this year to reduce revenue leakages through low assessment, reduce counterfeit …

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URA lost UGX14Bn due to Katuna border closure

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA lost over fourteen billion shillings in revenue collections owing to the three-year closure of the Uganda-Rwanda border post of Katuna. Rwanda on Monday this week fully reopened its land borders with Uganda. The Rwandan authorities had partially reopened the border on January …

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