Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority collected taxes to the tune of 13.5 trillion Shilling from July, 2018 to April 2019, according to the ministry of Finance April performance of the economy report. This translates into a 365.5billion surplus from the target that the tax body was expected …
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Kampala, Uganda | THE INDEPENDENT | The proposed rollout of the digital stamp by Uganda Revenue Authority-URA suffered a setback because of an injunction issued by the Commercial court blocking the entire exercise-URN has learnt. URA was expected to roll out the digital stamp by the end of April targeting high …
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Kampala, Uganda | THE INDEPENDENT | The Commissioner General of Uganda Revenue Authority (URA), Doris Akol on Wednesday found difficult to justify the 103 billion shillings required funds for the digital stamps project. Members of Parliament sitting on parliament’s budget committee described the request as fraud. Akol appeared before the committee chaired …
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Kampala, Uganda | THE INDEPENDENT | Members of the Budget Committee have turned away officials from the Uganda Revenue Authority-URA over failure to produce supportive documents for digital stamps. The digital stamps are part of the additional budget proposed in financial year 2019/2020 that has been submitted to the budget …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has called traders whose goods haven’t been cleared to do so lest they are auctioned. In a letter sent out this morning, Patience Tumusiime Rubagumya, the Acting Commissioner for Customs says “all goods that remain uncleared after 30 days of the …
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Four years later, her corruption-proof strategy takes shape amidst huge expectations and challenges Kampala, Uganda | IAN KATUSIIME | In 2015 when President Yoweri Museveni appointed Allen Kagina to head the Uganda National Roads Authority (UNRA), the body had sunk deep into jaw dropping corruption. Exposure and investigations into the …
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5% drop to Shs68bn in net profit Kampala, Uganda | JULIUS BUSINGE | Huge taxes paid to Uganda Revenue Authority (URA) has seen Barclays Bank Uganda Limited record a 5% drop in net profit to Shs68bn for the year ended December 2018. Barclays bank financial results released on April 25 …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament sitting on Parliament’s Finance Committee are mooting an amendment of the Income Tax Act to have payments for agricultural supplies exempted. During a meeting with officials from the Uganda Revenue Authority (URA) led by Cyprian Chillanyana, the Assistant Commissioner Domestic Taxes and …
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Studies show new initiative will merely benefit the contracted firm Kampala, Uganda | PATRICIA AKANKWATSA | On April 12, the Uganda Revenue Authority announced that it had rolled out digital stamps to combat illicit trade and seal revenue leakages. This move follows Kenya and Tanzania that have already done so. …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has been challenged to sensitise the public on Tax Assessment Procedures During their URA public engagement in Masaka district on Friday, taxi payers through the Masaka municipality member of Parliament Mathias Mpuuga Nsamba raised concerns of the unclear computation of income …
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The Independent Uganda: You get the Truth we Pay the Price