Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has strongly advised traders operating along the Uganda-Rwanda border to comply with Rwandan government rules. The warning comes at a time when Rwanda has fully re-opened its land borders with Uganda. The Rwandan authorities partially reopened the border on January 31st, 2022 …
Read More »The Museveni-Mutebile conundrum
Why their opposing views still represent the ideological contention over Uganda’s destiny THE LAST WORD | ANDREW M. MWENDA | The memorial service of deceased central bank governor, Emmanuel Tumusiime-Mutebile, provided a rare glimpse into the ideological contests that shaped the nature of the economy of present-day Uganda. President Museveni …
Read More »URA sees better revenue collections a head
The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …
Read More »URA halts withholding tax on petroleum products transporters
Kampala, Uganda | THE INDEPENDENT | Oil marketing companies in Uganda have petitioned the Ministry of Finance to intervene in a tax dispute with Uganda Revenue Authority. Recently, URA wrote to the companies demanding that they remit 15 per cent withholding tax on all foreign transport payments incurred over the years …
Read More »Rising fuel prices
Did URA, Ministry of Health cause it? Kampala, Uganda | IAN KATUSIIME | An unreasonable testing protocol, greed and an unresponsive government to popular needs has seen Ugandans treated to the worst of January blues with fuel prices going as high up as UgShs10, 000 for a litre. The prices …
Read More »Gov’t fails to spend UGX2Trillion amidst revenue shortfall
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority posted a revenue shortfall of 690.3 Billion Shillings in the first four months of the 2021/22 financial year with all tax-heads registering shortfalls except stamp duty. This meant that the government also had to adjust expenditure programs in line with the …
Read More »Mabirizi challenges URA’s decision requiring land buyers to have TIN
Kampala, Uganda | THE INDEPENDENT | Lawyer Male Mabirizi has petitioned the High Court in Kampala seeking to quash the directive by the Uganda Revenue Authority-URA, requiring buyers and sellers of land worth 10 Million Shillings or more to have a tax identification number (TIN). According to URA, the requirement is …
Read More »Gov’t registers UGX52Bn revenue shortfall in November
Kampala, Uganda | THE INDEPENDENT | Government in the month of November registered a revenue shortfall of 52.18 billion Shillings against its target for the month. This is highlighted in the Ministry of Finance monthly report on the performance of the economy released on Monday. Government through the Uganda Revenue Authority-URA …
Read More »UBA Uganda wins URA’s trailblazer award
Kampala, Uganda | THE INDEPENDENT | United Bank for Africa received the Trailblazer Award 2021 from Uganda Revenue Authority (URA) at the 16th Taxpayers’ Appreciation Awards 2021. The lender was recognized for being the first bank to adopt the swipe and pay (Visa card/MasterCard-enabled) payment method in Uganda. The swipe and …
Read More »Truck drivers protest double charges for clearing goods in transit
Busia, Uganda | THE INDEPENDENT | Business grounded to a halt at the Busia one-stop border post on Wednesday when truckers decided to park their vehicles protesting double charges for clearing goods in transit. They accused Ogaframe (Invespo), the clearing firm attached to Uganda Revenue Authority-URA at Busia custom for charging …
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