Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) and Uganda Manufacturers Association (UMA) have started sensitizing manufacturers about the Electronic Fiscal Receipting and Invoicing Solution system (EFRIS). The drive comes at a time when the digital tax administration measure that interfaces the taxpayersâ daily transactional operations with …
Read More »Why does URA over-complicate a simple VAT system?
Why VAT only makes sense if there is âvalue addedâ to a product or service along the value chain COMMENT | PETER NYANZI |Â The ongoing fight between traders and the tax authorities is a clear indicator that the administration of Value Added Tax (VAT) has glaring gaps, which must be …
Read More »URA to recover shs500 million from illegally driven vehicles
Kampala, Uganda | THE INDEPENDENT |Â 125 vehicles are being held by the Uganda Revenue Authority (URA) in the latest operation targeting the illegal use of foreign registration numbers as well as the red and white plates. The agency says at least 500 million shillings in taxes and penalties will be …
Read More »Alex Isabirye takes over at URA FC
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority Football Club- URA FC has unveiled the former Express FC head Coach Alex Isabirye as their new coach on a one-year contract. Isabirye replaces former Uganda Cranes star David Obua, who was sacked by the club in the second round of …
Read More »URA impounds smuggled cooking oil in Kampala
Kampala, Uganda | THE INDEPENDENT |Â More than 1,000 jerrycans containing cooking oil have been recovered allegedly being smuggled into the country. Uganda Revenue Authority says that the jerrycans were retrieved from a truck registration number UBE591X/UAR571C, in Nalukolngo, Rubaga Division in Kampala. The truck and the cargo were declared at …
Read More »URA, Manufacturers to assess Digital Tax Stamp to eliminate loopholes
Kampala, Uganda | THE INDEPENDENT & URN |Â The Uganda Revenue Authority (URA) has hailed the Digital Tax Stamps (DTS) for creating a fair market for compliant manufacturers. URA Commissioner General John Musinguzi Rujooki said that the DTS has helped to eliminate illicit goods and ensure a level playing field for …
Read More »Museveni sustains Electronic Fiscal Receipting System (EFRIS)
Kampala, Uganda | THE INDEPENDENT |Â President Yoweri Museveni has maintained the use of the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS), for Value Added Tax collections. He, however, advised the Uganda Revenue Authority to suspend fines and penalties for non-compliant traders and instead encouraged dialogue between taxpayers and tax collectors. …
Read More »Gov’t exempts electric vehicle makers from Stamp Duty
Kampala, Uganda | THE INDEPENDENT |Â Companies manufacturing electric vehicles, electric batteries, or electric vehicle charging equipment or fabricator of a frame and body of an electric vehicle; and employ 80 percent of Ugandans will not pay Stamp Duty Tax in the 2024/2025 financial year. The exemption is part of the …
Read More »EFRIS: URA appeals to early adopters to popularize it
Kampala, Uganda | THE INDEPENDENT |Â The Uganda Revenue Authority (URA) has appealed to traders who are already registered on Electronic Fiscal Receipting and Invoicing Solutions (EFRIS) to popularize it. It emerges that those opposed to this solution think that it is a form of tax. Electronic Fiscal Receipting and Invoicing …
Read More »EFRIS: Accountant gives perspective as URA vows to maintain enforcement
Kampala, Uganda | THE INDEPENDENT |Â The Uganda Revenue Authority-URA has warned the business community against misinterpreting the President’s directive on EFRIS (Electronic Fiscal Receipting and Invoicing Solution). URA says the President’s directive did not stop the implementation of EFRIS and urges the taxpayers to continue using the system. “Currently, all …
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