Kampala, Uganda | THE INDEPENDENT | Bujagali Energy Limited (BEL) will refund US$342 million to the Ugandan government for overpaid fees subject to a forensic audit by the Attorney General. This is after Parliament chaired by Speaker Anita Among on Wednesday, 15 March 2023 adopted the report of the Adhoc …
Read More »URA request for banks to provide details of customer accounts illegal – Court
Kampala, Uganda | THE INDEPENDENT | The Constitutional Court sitting in Kampala has ruled as illegal a request by the Uganda Revenue Authority (URA) to all banks to provide it with all the details of their customers. In a lead judgement written by Justice Christopher Madrama Izama, the court found that …
Read More »URA confiscates illicit medicine at Entebbe International Airport
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority on Wednesday impounded drugs that were being smuggled into the country through Entebbe International Airport. URA’s non-intrusive inspection scanner at the airport identified the hidden drugs in the personal belongings of Kizigo J. Farouk, a regular Ugandan trader. Simon Esunget, the URA …
Read More »Tax bodies agree on measures to boost Uganda-South Africa trade links
Kampala, Uganda | THE INDEPENDENT | Uganda and South Africa have eased tax procedures for exporters on both sides, aimed at enhancing the movement of goods between the two countries. During the South Africa Uganda Business Forum in Pretoria, the two countries’ revenue bodies signed a Mutual Recognition Agreement on Authorities Economic …
Read More »January revenue surplus gives URA hope of meeting year’s target
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority reports a surplus collection for the month of January 2023, giving hope of meeting the year’s target of 25 trillion Shillings. The 14-billion-shilling surplus has reduced the shortfall that was registered for the first half of the financial year 2022/2023 from 94.6 …
Read More »URA’s half-year performance for FY2022/23 improves but deficits remain
The tax authority collected Shs11.6tn in the six months, recording a Shs95bn shortfall Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority collected Shs11.6trillion against the target of Shs11.7tn for the first six months of the financial year 2022/23 – representing 46.4% of the annual target. URA’s Commissioner General John Rujoki …
Read More »URA launches crackdown on roadside fuel dealers in West Nile
Arua, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA is to start joint enforcement operations targeting the illegal sale of fuel in the West Nile region. Across major towns in the West Nile region, fuel especially petrol is being sold openly in small jerry cans mainly by the youth on …
Read More »Health workers oppose stamp duty
Kampala, Uganda | THE INDEPENDENT | Health workers are questioning a move by the Uganda Revenue Authority (URA) to charge them an annual fee of 100,000 Shillings in stamp duty. The tax came into force in 2022 with the amendment of the Stamp Duty Act. According to Dr. Katumba Ssentongo, the …
Read More »URA to lose Shs2.8 trillion in tax exemptions
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) may lose Shs2.8 trillion to tax exemptions, credits and deferrals for the financial year 2022/2023. This was revealed by the URA Commissioner General, John Musinguzi while presenting the entity’s Budget Framework Paper for the financial year 2023/2024 on Tuesday, 10 January …
Read More »URA moots plan to increase revenue collections
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA started the calendar year 2023 with explanations regarding the new plan for the taxation of the incomes of artistes in the entertainment industry. This is one of the revenue measures being put in place for the financial year 2023/2024 which begins in …
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