Kampala, Uganda | THE INDEPENDENT | Civil society Organisations (CSOs) are asking government to publish a list of all companies that are exempted from taxes. During a press conference held on Sunday, Julius Mukunda, the Executive Director of the Civil Society Budget Advocacy Group (CSBAG) said the failure by Uganda Revenue …
Read More »Rich people prefer agency banking to mobile money – URA
Kampala, Uganda | THE INDEPENDENT | URA boss Doris Akol says fewer rich people using mobile money has cost her tax revenue Uganda Revenue Authority has decried the shift of high value Ugandans from using mobile money services to agency banking, which has cost the country tax revenue. Doris Akol, …
Read More »Uganda to lose UGX 500bn to tax incentives in 2019/20 financial year
Kampala, Uganda | THE INDEPENDENT | Uganda is set to lose more than 500 billion Shillings in tax waivers during the 2019/2020 financial year alone, the Uganda Revenue Authority has indicated. A tax waiver is when a company or an individual engaged in a certain activity where they are supposed to …
Read More »URA registers UGX 700 billion shortfall for half year tax collections
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA)’s collections for the six months from July to December 2019 fell short of the target by at least 697.4 billion shillings. Doris Akol, the commissioner-general, told reporters on Thursday at URA headquarters in Nakawa that the tax body managed to collect …
Read More »Court halts implementation of digital tax stamps
Kampala, Uganda | THE INDEPENDENT | The High Court Commercial Division in Kampala has issued a four-day interim order restraining Uganda Revenue Authority – URA from enforcing the digital tax stamps. The development comes after Muwema and Company Advocates, acting on behalf Sylvester Kamuli went to court challenging the implementation …
Read More »Divisions in Finance over URA money
Top officials clash over budget deficits, new administrative units Kampala, Uganda | JULIUS BUSINGE | The Uganda Revenue Authority (URA) is having a hard time meeting its targets and the fall-out is leading to fights between the tax body, Ministry of Finance technocrats and their political supervisors. The key issues …
Read More »Lato milk row; Museveni opposes vengeance against Kenya
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has opposed plans by some of his officials to reiterate against Kenya for confiscating Lato Milk, a Ugandan brand, produced by Mbarara-based Pearl Dairies Limited. His position comes at the height of a trade war between the two countries, following the confiscation …
Read More »Shs39tn budget concerns
CSOs want government to control debt, increase budget for key social sectors Kampala, Uganda | JULIUS BUSINGE | Civil society organisations under their umbrella body, Civil Society Budget Advocacy Group (CSBAG) have listed a number of concerns that they would like the government to pay attention to as it debates …
Read More »MPs criticize URA over delayed installation of scanners at border points
Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have criticized Uganda Revenue Authority (URA) for slowing down on the installation of scanners at all border entry points. This was during a meeting on Tuesday with officials from URA led by the Commissioner General Doris Akol over …
Read More »UGX 20.4 trillion revenue target is unrealistic -Doris Akol
Kampala, Uganda | THE INDEPENDENT | The Commissioner-General of Uganda Revenue Authority, Doris Akol has said that the 20.4 trillion shillings revenue target for the current financial year 2019/2020 is unrealistic. Akol was on Tuesday appearing before Members of Parliament to explain their financial proposals under the 2020/2021 financial year Budget …
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