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Tag Archives: ura

URA raises red flag on smuggling at Elegu

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority – URA has raised a red flag against smuggling of goods in Elegu, the porous Uganda-South Sudan border. Elegu is one of Uganda’s five high volume border entry points after Mutukula (Uganda – Tanzania), Malaba and Busia (Uganda-Kenya) and Mirama Hills at …

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URA’s domestic VAT battle

Kampala, Uganda | THE INDEPENDENT | Margaret Rwaheru Akiiki and her fellow complainants will have to wait a little longer to know whether they are entitled to the billions of shillings in refund by Uganda Revenue Authority-URA arising from a court ruling last week. According to the URA, it’s not yet …

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NSSF interest to savers cannot be taxed – Court

  Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has won a landmark case that has saved workers saving up to 43 billion shillings. Uganda Revenue Authority had written to NSSF seven years ago, informing the agency that the interest paid to members accounts is accepted as an …

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Civil society proposals for revamping the economy

Reforms cover public debt, interest rates, taxation and public spending Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella organization Civil Society Budget Advocacy Group (CSBAG) have presented a list of budget proposals to government that they think can jumpstart the economy that has …

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URA to assess impact of tax exemptions

Kampala, Uganda |  THE INDEPENDENT |  The Uganda Revenue Authority- URA has commissioned a study to gauge the impact of tax exemptions on the economy. The study will influence policy changes in the next financial year. Government provides tax exemptions especially in areas of Agriculture, manufacturing, construction, information and communication technology , …

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MPs ask government to teduce domestic borrowing

Kampala, Uganda |  THE INDEPENDENT |  Members of Parliament have asked the government to reduce domestic borrowing as a means to finance the budget saying it will crowd out the private sector. The MPs were today meeting the Ministry of Finance and the Uganda Revenue Authority (URA) to consider two loan …

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Government approves UGX 2 Trillion Tullow farm-out deal

Kampala, Uganda | THE INDEPENDENT | Government has finally allowed Tullow to sell all its stake in Uganda’s oil and gas sector to French oil giant Total E&P. Tullow in a statement on Wednesday announced that the Ministry of Energy and Uganda Revenue Authority approved the deal valued at $575 million …

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