Tag Archives: tax

KIGALI, Rwanda | Xinhua | The Rwandan Cabinet has approved tax policy reforms to bolster the country’s financial resources and drive economic growth, the finance ministry said Tuesday. The changes, to take effect in the 2024/2025 fiscal year and beyond, aim to broaden the tax base, enhance revenue mobilization, and streamline …

Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament, the Income Tax (Amendment) Bill, 2025 that seeks to extend the tax exemption to Bujagali Hydro Power Project up to 30 June 2025. The bill presented by State Minister for Finance (General Duties), Henry Musasizi on Tuesday, 04 February 2025 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …