Tag Archives: ura

Kampala, Uganda | THE INDEPENDENT | The government is rallying commercial banks and other financial institutions to help it increase tax revenues by ensuring more people are taxed. As the presentation of the 2022/23 national budget draws closer, the Uganda Revenue Authority figures show an uphill task if the agency is to …

Kampala, Uganda | THE INDEPENDENT | The Adhoc committee set up by parliament to review the proposed merger of several autonomous has asked the cabinet to reconsider the decision on some agencies. This is part of the recommendation in the Adhoc committee reports presented to the house by the Bukanga …

Kampala, Uganda | THE INDEPENDENT | The Igara County East MP, Michael Mawanda, is troubled about the modus operandi of implementing the digital stamps policy by the Uganda Revenue Authority. Digital tax stamps rolled out in November 2019 contain security features and codes to prevent counterfeiting of products and enable to track …

URA should make personal income taxes more progressive by raising PAYE entry threshold Kampala, Uganda | JULIUS BUSINGE | A new report published by Oxfam, Southern and Eastern Africa Trade Information and Negotiations Institute and other non-governmental organisations has identified gaps related to gender taxation, policy and administration, and that …

Kampala, Uganda | THE INDEPENDENT | URA has partly attributed the recent excessive revenue collection of the third quarter of the financial year 2021/22 to the resumption of the night economy and the full reopening of the entire economy. Between January and March this year, URA collected 1,834.37 Billion Shillings against a …

Kampala, Uganda | THE INDEPENDENT | Investors in the Oil and Gas related business are crying foul over the attitude of Uganda commercial banks towards them when they approach them to finance their projects. The local investors, who are mainly Tier 2 and 3 contractors in the industry, say most …

Kampala, Uganda | THE INDEPENDENT | An expert study has recommended that the Uganda Revenue Authority be transformed into a statutory agency with more powers on the policies that govern tax administration. Currently, the URA lies under the direct supervision of the Ministry of Finance, Planning and Economic Development, which is …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA is finding it difficult to collect up to Shillings 172 billion from used vehicles in bonded warehouses using the current tax administration system. According to the current system, all imported vehicles are required to pay taxes in a period not exceeding 9 …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) officials have told Members of Parliament that 4.3 trillion Shillings projected revenue is to be foregone due to different unfunded interventions in the coming financial year 2022/2023. Led by John Musinguzi, the Commissioner General, officials from URA on Monday appeared before …

Kampala, Uganda | THE INDEPENDENT | Second-hand car dealers are pushing for the halt of implementation of the East African single customs territory regulations on the importation of used cars with 9 years or above since the date of manufacturing. As per the URA notice, effective 1st July 2022, there will …