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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Kampala, Uganda | THE INDEPENDENT | Officials from the Finance Ministry on Wednesday failed to convince Members of Parliament sitting on the Finance Committee about a proposal for government to write off tax arrears amounting to 426 billion shillings. The figure is out of the 2.6 trillion shillings tax arrears …
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Experts expose how Museveni is destroying economy Kampala, Uganda | HAGGAI MATSIKO | The budget this year is proving to be a headache. After years of borrowing to finance huge road and electricity projects, Ministry of Finance has a new pain – how to finance new huge defense and security …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has rolled out its digital tax stamps initiative geared at combating illicit trade and seal revenue leakages. Clare Musiime Bakanga, the URA head of change digital tracking solutions said many traders and businesses are being challenged by unfair competition …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) is seeking an additional funding of sh66.3 billion shillings to improve its operations. The request for more funds in the coming financial year 2019/2020 was on Thursday tabled before Parliament’s Finance Committee by the URA Commissioner General, Doris Akol. The …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has so far registered a revenue collection of 12.16 trillion shillings in the current financial year 2018/2019. The collection registered as at March 2019 is part of the total 16.4 trillion shillings targeted revenue collection at the end of the …
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A State House Anti-Corruption Unit launched in December last year has continued to instill panic among public officials who swindle government money. Kampala, Uganda | THE INDEPENDENT | URA officials, town clerks, district administrators and others have all fallen prey. In the last week, the unit made a string of …
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Rwanda tension cited in supplementary budget, but why does govt want Shs1.5 trillion? Kampala, Uganda | HAGGAI MATSIKO | The government intends to push US$320 million (Approx.Shs1.2 trillion) worth of supplementary budgets through parliament in the next two months, The Independent can exclusively report. The money must be passed urgently before …
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