Kampala, Uganda | THE INDEPENDENT | Experts believe Uganda could benefit from the East African Region “economic war” between the two local giants, Kenya and Tanzania. A fight for Uganda’s cargo has emerged in the past two years, with Kampala seeking to take advantage of the war, by tabling new conditions. Apart …
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The taxman is optimistic about future performance Kampala, Uganda | JULIUS BUSINGE | The Commissioner General for Uganda Revenue Authority, John Rujoki Musinguzi, has an uphill task of collecting taxes from businesses and individuals that continue to face the COVID-19 pandemic hit. His supervisors at the Ministry of Finance …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has in 2020/21, the first full financial year in the period of COVID-19 recorded a growth in net revenue collections of 15% to Shs19.263 trillion compared to the previous year. In real terms, this reflects a growth in revenue of Shs2.511 …
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Kampala, Uganda | THE INDEPENDENT | The government has started implementing the new 12% excise duty on airtime and internet data, among other fiscal measures for the year 2021/2022 that started Thursday. The new tax was part of the amendments in the Excise Duty Act and replaces the Over the …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority have agreed that there is a need to quickly centralize the collection of government revenues within the East African Community. Article 32 of the EAC Common Market Protocol provides for the harmonization …
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Kampala, Uganda | THE INDEPENDENT | The newly introduced tax measures have generated mixed feelings and fortunes for taxpayers and the general public as a whole. Several tax measures and amendments to the tax laws have been completed and are due to take effect starting July 1, 2021. According to the …
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Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
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Kampala, Uganda | THE INDEPENDENT | The application process for the Tax Identification Number (TIN) is now completely web-based, making it easier and quicker to get than before. According to Uganda Revenue Authority- URA, it has also made changes in the existing TIN application form to improve the experience of …
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Kampala, Uganda | THE INDEPENDENT | Robert Kyagulanyi Ssentamu alias Bobi Wine has received his bulletproof vehicle from Uganda Revenue Authority-URA. The tax body returned the vehicle that they impounded over tax issues following a directive from President Yoweri Kaguta Museveni. The tax body impounded the vehicle in April after court …
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How Uganda’s tax policy on real estate has destroyed the once thriving sector and stifled economic growth THE LAST WORD | ANDREW M. MWENDA | This week, the government will read the 2021/22 budget. Given the poor performance of the economy, government is proposing new taxes. For instance, it has …
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The Independent Uganda: You get the Truth we Pay the Price
