Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s continued focus on compliance management, debt collection, customs enforcement and investigation of fraudulent schemes ensured the tax body saved sh383 billion in collections in 2018/19. Compliance initiatives yielded sh151.18 billion, debt recoveries brought in sh92.45 billion, customs enforcement had sh78.48 billion saved while investigations were …
Read More »Mak to close fees collection accounts
Kampala, Uganda | THE INDEPENDENT | Makerere University management has asked the university council to close all fees collection accounts of the university. This is after government through the Ministry of Finance, Planning and Economic Development assigned the country’s revenue authority –URA to take over fees collection in all public …
Read More »Police fails to account for UGX 1.2 billion NTR collections
Kampala, Uganda | THE INDEPENDENT | Police officials have failed to account for up to 1.2 billion shillings which was collected under Non-Tax Revenues during the financial year 2016/2017 and 2017/2018. Police’s Non-Tax Revenue is generated from express penalties, firearm certificates and guard fees. During the two financial years, the …
Read More »URA registers biggest surplus in history
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority collected 16.6 trillion Shillings, much more than it had estimated in the just-ended financial year. Against a target of sh16.4 trillion, the tax body registered a surplus of sh259 billion, the biggest in its entire history. Compared to the 2017/18 financial …
Read More »Kadaga bitter with URA for taxing albino lotion
Bududa, Uganda | THE INDEPENDENT | The speaker of Parliament has expressed her disappointment in Uganda Revenue Authority for continuing to levy taxes on the sun screen Lotion. Sun screen Lotion helps people living with Albinism against the sun rays that cause cancer. The speaker was speaking on Friday at …
Read More »Kadaga bitter with URA for taxing Albino lotion
Kampala, Uganda | THE INDEPENDENT | The speaker of Parliament has expressed her disappointment in Uganda Revenue Authority for continuing to levy taxes on the sunscreen lotion. Sunscreen Lotion helps people living with Albinism against the sun rays that cause cancer. The speaker was speaking on Friday at a thanksgiving ceremony …
Read More »We need more tourism incentives – operators
UTB says offers are good but the process must be transparent Kampala, Uganda | JULIUS BUSINGE | Uganda’s tour operators are requesting government to offer them more tax incentives to boost investment in the sector even as trade experts say the move denies the economy of huge sums of money. …
Read More »Uganda’s budget dilemma
How our government’s attempts to do too many things for all citizens spreads our meager resources too thin THE LAST WORD | ANDREW M. MWENDA | Poor countries suffer a fundamental contradiction in both design and aspiration. The state is designed and thus seeks to perform functions exactly like states …
Read More »Fight over UTL
The powerful people behind Bemanya Kampala, Uganda | HAGGAI MATSIKO | Uganda Telecom Ltd (UTL) looks like a typical company in shambles. In April 2017 it run to court to block a petition seeking to wound it up partly owing to Shs709 billion debts it had accumulated over the years. …
Read More »UTL scandal could be intended- FDC spokesperson
Kampala, Uganda | THE INDEPENDENT | The scandal about Uganda Telecom Limited-UTL could be a ploy to privatize the company, the Forum for Democratic Change-FDC party spokesperson, Ibrahim Ssemujju Nganda has noted. Last month, the Aringa South MP, Alioni Yorke Odria tabled shocking documents indicating that government’s efforts to carry …
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