Tag Archives: ura

Kampala, Uganda |  THE INDEPENDENT  Uganda Revenue Authority – URA registered a surplus in tax collections for July 2020 after some people and corporations that had suspended payments during the Coronavirus (COVID-19) lockdown paid up. URA collected 1.2 trillion Shillings in July 2020 against a target of 1.02 trillion Shillings – …

Uganda is yet to approve the multi-trillion shilling deal involving Total E&P and Tullow Oil since the two firms announced their planned transaction, three months ago. Kampala, Uganda | RONALD MUSOKE | In a statement delivered via a webinar during the national content supplier workshop on Aug.5, Total E&P Uganda …

Kampala, Uganda |  THE INDEPENDENT | Ugandans registered the highest number of new motorcycles in the year that ended June 2019 in what could be an indicator a larger number of people are entering the Boda Boda industry. According to figures published by the Uganda Revenue Authority (URA), Ugandans registered 103, …

Kampala, Uganda |  THE INDEPENDENT | Uganda Revenue Authority – URA says it will waive penalties for taxpayers who will come out to voluntarily declare the taxes that they were supposed to pay but didn’t pay it. The window for voluntary disclosure comes after an amendment of section 66 of the …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA and musician Joseph Mayanja aka Chameleone have agreed to settle the 77 million shillings tax evasion case outside court. The decision was announced on Thursday by the State Attorney Hilda Bakanansa. Mayanja was expected to take a plea to charges related …

Kampala, Uganda | THE INDEPENDENT | Taxpayers disputing assessments by Uganda Revenue Authority will no longer be required to deposit 30 percent of the amount in dispute before launching a challenge at the Tax Appeals Tribunal (TAT). Section 15 of the Tax Appeals Tribunal Act requires a company or any taxpayer …

Kampala, Uganda |  THE INDEPENDENT |  Taxpayers who will want to claim a tax refund from Uganda Revenue Authority – URA will not be allowed if they don’t implement the electronic invoice and receipt system. According to URA, taxpayers have three months up to September 30, 2020, to adjust their systems …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed an application seeking to block the selective roll-out of electronic receipts and invoices by Uganda Revenue Authority. The program also known as the Electronic Fiscal Receipting and Invoicing Solutions is a government initiative through which businesses are …

Kampala, Uganda | THE INDEPENDENT | Century Bottling Company Limited is set for a fierce fight with the Uganda Revenue Authority over a tax bill amounting to 58 billion Shillings. According to an assessment by URA, an audit of Coca Cola Uganda between January 2014 and December 2017 found that …

Why opportunities that theoretically exist to cut wasteful public spending are politically impossible THE LAST WORD | ANDREW M. MWENDA | This year, Uganda has been hit by three major disasters: a locust invasion, floods and COVID-19; a combination of which will shrink economic growth. COVID-19 has been the most …