Tag Archives: revenue

Kampala, Uganda | THE INDEPENDENT | The Civil Society Budget Advocacy Group (CSBAG) has asked the Committee on Finance, Planning and Economic Development to alter the Income Tax (Amendment) (No.2) Bill, 2021 to allow government levy windfall tax on a monthly basis. In its current state, the Bill that is being scrutinised …

Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations have cautioned that allowing the Uganda National Oil Company (UNOC) to retain petroleum revenue will mark the beginning of an oil curse in Uganda. They have now asked the finance committee of Parliament to reject a proposal by the government to have UNOC …

Mbale, Uganda | THE INDEPENDENT | Mbale city leaders have introduced new measures of collecting revenue. In the previous financial year, the council suffered a shortfall of more than two billion Shillings. It collected 900 Million Shillings out of the projected 3.5 Billion Shillings. In the 2017/2018 financial year, only 2 Billion …

Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations want the Uganda Revenue Authority (URA) to come up with specific strategies that can enable them to mobilize revenue from young people working in the informal sector. Xavier Ejoyi, the country director Action Aid Uganda said during a dialogue held in Kampala …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has missed its target for the first quarter of financial year 2021/22 by 499.49 billion shillings. Out of the 4.959 trillion shillings target government pledged, the tax body managed to collect 4.459 trillion shillings. However, this is a revenue collection growth of …

Gulu, Uganda | THE INDEPENDENT | Gulu City Council has phased out the physical collection of local revenue and opted for the online system. This follows leakages in local revenue collection which has led to a drop in the collections. In the 2019/2020 financial year, Gulu city then a municipality projected …

Budaka, Uganda | THE INDEPENDENT | Budaka town council authorities have vowed to drag tax defaulters to court for non-compliance to remit taxes. The leaders say low revenue collection has crippled service delivery in the town council as they have majorly been depending on revenue from markets, parks, property tax among …

Kampala, Uganda | THE INDEPENDENT | Parliament has reversed the decision by the government that required local governments to remit all their revenue to the consolidated fund. Although local governments used to collect revenue and utilize it at source, the government through the Ministry of Finance came up with a decision …

Gulu, Uganda | THE INDEPENDENT | Gulu District Local Government leaders have decried the narrow local revenue that is affecting service delivery following the start of the new financial year 2021/2022. After Gulu municipality attained a city status on July 1st 2020, Gulu District Local Government shifted its base to Awach …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has in 2020/21, the first full financial year in the period of COVID-19 recorded a growth in net revenue collections of 15% to Shs19.263 trillion compared to the previous year. In real terms, this reflects a growth in revenue of Shs2.511 …