Tag Archives: ura

The government takes a huge chunk of revenues as taxes to reduce tobacco smoking Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda has defied the effects of coronavirus pandemic to record a 27% surge in net profit to Shs19.9bn for the year ended December 2020. BATU will now …

Kampala, Uganda | THE INDEPENDENT | Unscrupulous business people are counterfeiting the digital tax stamp, one of the measures launched by the government to crackdown on smugglers and frauds of fast-selling imported and local products. The stamp is an electronic machine-readable mark stamped on the targeted product to authenticate their origin, …

Kampala, Uganda | THE INDEPENDENT | There was a notable decline in the importation of buses by Ugandans over the last two years. According to the Uganda Revenue Authority-URA, 190 buses were imported from different countries mainly China and Kenya, compared to 310 units in 2019 and 426 in 2018. However, …

Kampala, Uganda | THE INDEPENDENT | Politicians are stifling the growth of tax revenues by encouraging their constituents to engage in activities that amount to tax evasion. This is according to the Uganda Revenue Authority. This has made it difficult for the government through URA to increase the tax revenues to …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has temporarily halted its operations targeting Kenyan registered motorcycles operating in the Eastern Uganda border districts. The tax body launched the operation early this month to impound the illegal motorcycles in Busia and Malaba in Tororo. The operation was meant to extend …

Riders of Kenyan registered motorcycles are reportedly hiding in Bududa after a URA crackdown in Busia and Malaba Mbale, Uganda | THE INDEPENDENT | Dozens of Boda boda riders with Kenyan registered motorcycles from the border towns of Busia and Malaba have taken refuge in Bududa district following the crackdown by …

Kampala, Uganda | THE INDEPENDENT | Over 1,000 boda-boda riders in Busia have deserted the business because of the ongoing operations by Uganda Revenue Authority-URA on Kenyan registered motorcycles. According to URA estimates, there are over 2,000 Kenyan registered motorcycles operating illegally in Busia district. The owners of the impounded Kenyan …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has launched an operation to impound motorcycles with Kenyan number plates that are operating in parts of Eastern Uganda. The operation which is underway in the districts of Busia, Malaba and Tororo will also be extended to Lwakhakha in Namisindwa and Amudat …

Budget analysts suggests that government focuses on domestic revenue mobilisation and external borrowing to boost economy in FY2021/2022 Kampala, Uganda | JULIUS BUSINGE | Coronavirus pandemic, economy, donor support, government spending are the main factors that will determine the design, implementation and success of the new budget for FY2021/22, according …

  Kampala, Uganda | THE INDEPENDENT | As Uganda Revenue Authority implements the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), traders and other taxpaying companies fear that the cost of doing business will increase. The URA has got a go-ahead to continue implementing EFRIS, after the High Court dismissed a petition …