Mbale, Uganda | THE INDEPENDENT | Taxi drivers in Mbale are protesting a decision by the city council to charge them between 5,000/= and 10,000/= per day for loading and offloading on the streets. The drivers cite limited space in the main taxi parks and concerns over the accountability of previous …
Read More »Finance: Average Ugandan to earn shs4.9m by mid 2026
Kampala, Uganda | THE INDEPENDENT | The government has a spending plan that should ensure an average Ugandan earns 1,338.7 US Dollars or 4.9 million shillings per year by the end of 2025/2026. Currently, the per capita income of Uganda stands at 1,046 dollars (3.85 million shillings) as at the end …
Read More »The imperative of systematic indexation for individual tax brackets in Uganda
OPINION | Bwanika Mastula | In fiscal policy, systematic indexation of individual tax brackets is crucial for equity and economic stability. As nations grapple with complex taxation systems, regular adjustments to tax brackets in response to inflation and economic shifts are increasingly necessary. A tax band, or tax bracket, is a range …
Read More »URA’s battle over VAT fraud
Looking to tough, new compliance, enforcement COVER STORY | RONALD MUSOKE | Value Added Tax (VAT) fraud is the most prevalent tax crime in Uganda. This was one of the revelations at the launch of the “Tax Crimes and Proceeds Risk Assessment Report, 2024” in Kampala on Oct.24 by the Financial …
Read More »Now, Parliament rejects Tribunal merger
Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday rejected a proposal to introduce a single tribunal under the National Tribunal Bill, 2024, on grounds that it contravenes Article 152 (3) of the Constitution. The Bill was intended to repeal the Tax Appeals Tribunal Act, the Electricity Disputes Tribunal Act …
Read More »Parliament Committee okays formation of single tribunal for all disputes
In a report presented by the chairperson of the committee Baka Mugabi, the MP for Bukooli North, the MPs agreed to merge; the Tax Appeals Tribunal, the Electricity Disputes Tribunal, the Public Procurement and Disposal of Public Assets Appeals Tribunal, the Insurance Appeals Tribunal, the Uganda Communications Tribunal, the Retirement …
Read More »Adopt a progressive tax regime to promote tax equity in Uganda
COMMENTS | Oscord Mark Otile | The recent remarks made by the Permanent Secretary and Secretary to the Treasury, suggesting that Uganda’s tax burden is among the lowest in the region, merits a critical examination. While the statement may hold some statistical truth, it does not accurately reflect the lived realities of …
Read More »Private sector tasks gov’t to improve tax policies
Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector has blamed the poor attitude towards compliance with tax obligations on what they call unfriendly tax policies. This comes as the government seeks more ways of encouraging more Ugandans to pay taxes as and when they fall due, and also increasing the …
Read More »Grant of tax waiver to companies queried
Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. While appearing before the committee, the State Minister for Finance (General Duties), Henry Musasizi said the tax waivers will …
Read More »To preserve democracy, tax the rich
A progressive tax system would redistributes incomes to the poor while preserving incentives for the rich COMMENT | KAUSHIK BASU | While there are many ways to measure economic inequality, key metrics consistently show that disparities are getting worse. According to a recent United Nations report, 71% of the world’s population …
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