Kampala, Uganda | THE INDEPENDENT | The Government of Uganda has reaffirmed its commitment to the Digital Tax Stamps (DTS) program, emphasizing its role in strengthening tax compliance and market integrity. Isaac Arinaitwe, the Ministry of Finance’s Principal Economist, explained that the DTS program, launched in 2019, has been …
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KAMPALA, UGANDA| THE INDEPENDENT | Suppliers of Uganda Revenue Authority (URA) have been briefed on the new URA online bidding systems and the updated Public Procurement and Disposal of Public Assets Authority (PPDA) Act. This follows numerous supplier concerns regarding previous processes. Kenneth Namanya, URA’s Database Manager informed suppliers that URA …
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Entebbe, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have called upon Ugandan manufacturers to adhere to the country’s taxation regime, particularly regarding Digital Tax Stamps (DTS). The call came during a recent meeting with representatives from the Private Sector Foundation Uganda (PSFU), who raised concerns …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Suspicion is brewing about possible connivance by some Uganda Revenue Authority (URA) personnel regarding the issuance of seals to aid the easy movement of charcoal by commercial dealers out of Northern Uganda. Uganda People’s Defence Forces (UPDF) personnel in July this year intensified the implementation …
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Kampala, Uganda | THE INDEPENDENT | The government of Uganda registered a lower-than-planned net borrowing (what it spent compared to what it borrowed) in the month of September, which also closed the first quarter of this financial year. This was mainly because of the slow implantation of government projects, as well as …
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KAMPALA, UGANDA | THE INDEPENDENT | Under its new guidelines to streamline passenger baggage clearance procedures, the Uganda Revenue Authority (URA) will now collect taxes on any dutiable items in passenger baggage exceeding 50 kilograms. These goods include phones, shoes, perfumes, clothes, phone accessories, motor vehicle spare parts, Information Technology (IT) …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Committee of Commissions, Statutory, Authorities and State Enterprise-Cosase have called on the Minister of Finance and Economic Planning Matia Kasaija to sanction the Uganda Revenue Authority Commissioner General John Musinguzi Rujoki for spending taxpayers’ money over and above what Parliament had approved …
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Kampala, Uganda | THE INDEPENDENT | All Ugandan importers are required to insure their imports still on the high seas with local insurance companies through the Local Marine Insurance Portal, starting next month. This follows the completion of all the necessary processes, including integrating the Uganda Revenue Authority (URA), Uganda Insurers …
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KAMPALA, UGANDA | THE INDEPENDENT | The State House Revenue Intelligence and Strategic Operations Unit is intensifying its operations creating avenues through which to collaborate with the general public. While announcing the new move, President Yoweri Museveni said the Unit created at the beginning of this financial year had an oversight …
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The Independent Uganda: You get the Truth we Pay the Price