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Tag Archives: ura

Taxpayers given 14 days to rectify fictitious returns

Kampala, Uganda | THE INDEPENDENT  | Uganda Revenue Authority has announced a 14-day grace period for companies and individuals who have submitted fictitious returns to come forward and rectify or they are prosecuted. The grace period runs from November 14, 2019, to December 3, 2019. This comes after URA noticed …

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URA locks horns with traders over paying taxes at port of entry

Kampala, Uganda | THE INDEPENDENT  | A meeting between Uganda Revenue Authority-URA and traders in Kampala on Tuesday ended without a common resolution as traders accused URA officials of coming up with directives without consulting them. The meeting, which took place at Imperial Royale hotel in Kampala was organized by …

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Riham and Leaf TC set the pace in Uganda with digital tax stamps

Kampala, Uganda | THE INDEPENDENT |  Harris International (Riham) and Leaf Tobacco and Commodities have set the pace by being the manufacturers to commence stamping of their products using the newly introduced Digital Tax Stamps (DTS). Uganda on Friday started implementing a Digital Tracking Solution (DTS) for excise duty through the implementation …

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Manufacturers given up to end of January to have digital stamps

Kampala, Uganda | THE INDEPENDENT | Manufacturers of different products have up to the end of January 2020 to clear stock of products without digital stamps. After that, all their products are expected to bear a stamp. The first goods expected to have stamps are beer, wines, spirits, sodas, bottled water, …

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Uganda introduces Digital Tax stamps to boost revenue

Kampala, Uganda | THE INDEPENDENT | Government has given Uganda Revenue Authority (URA) the go ahead to introduce the long awaited Digital Tracking Solution (Digital Tax Stamps). Speaking at a joint press conference Friday with Uganda Manufacturers Association, The Prime Minister’s Office and Ministry of Finance, URA spokesman Vincent Seruma …

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URA cancels VAT Registration for 1693 ineligible taxpayers

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has effective 31st October 2019 cancelled Value Added Tax (VAT) registration of 1,693  taxpayers.  The 1,693 taxpayers have been relived of the duty to charge VAT on their supplies. URA has mainly targeted taxpayers who do not file monthly returns, or …

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