Mumbai, India | AFP | Months of planning by a select few sworn to secrecy and then cash-laden trucks on the streets. But this was no bank robbery — rather an audacious plan to issue new notes across India. There are 1.25 billion people in India but only a handful …
Read More »Anger, outrage as Kenya Revenue Authority exempts Uber from paying VAT
Kenya Revenue Authority’s recent decision to spare the tax hailing firm Uber from paying Value Added Tax on rides has prompted outrage and anger among the company’s drivers. It has also angered regular cab companies operating in Kenya as they have to pay VAT on their services rendered. KRA has …
Read More »Uganda re-elected on African tax forum council, wins 2 awards
Uganda has been re-elected member of the African Tax Administration Forum (ATAF) council at the ongoing General Assembly in Durban, South Africa. The country’s revenue authority URA also won two awards, coming top in Africa in the 2016 Innovation Awards in Customer Service and the Innovation Awards for Modernization. The new ATAF Council elected for …
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 »Hima Cement pins growth on $40m new Tororo plant
Lafarge Africa hopes to boost its market share in Uganda’s cement market through its subsidiary Hima Cement Ltd’s new plant in the country’s eastern region. The $40million plant, set to be constructed at Nyakesi in Rubongi in Tororo, is expected to increase the firm’s cement production capacity to 1.8million metric …
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 »LinkedIn founder offers $5 mn if Trump releases taxes
Washington, United States | AFP | The co-founder of LinkedIn pledged Monday to donate up to $5 million to a crowdfunded charitable campaign for veterans if Republican presidential nominee Donald Trump releases his tax returns. Reid Hoffman, a founder of the professional social network and Silicon Valley entrepreneur, made the …
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 »The bailout question
COMMENT: David Chandi Jamwa Bailout – How to get it done and done right without using taxpayers money For the past three months or so I have been seeing myriad opinions, sentiments, emotions, rebuttals, re-rebuttals, postulations, reverse-postulations, forwardings, withdrawals, denials, and in several cases outright rubbish, flying around the Ugandan …
Read More »47bn: URA-KCCA-URBS tax partnership already bearing fruits
A partnership between four Uganda government institutions to widen the tax base through improved collaboration is already bearing fruits as it helped realize an extra sh47.6.bn shillings in revenue in 2015/16. The Uganda Registration Services Bureau (URSB), Ministry of Local Government, Uganda Revenue Authority (URA) and Kampala Capital City Authority (KCCA) on Thursday …
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