Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged the Uganda Revenue Authority (URA) to fill up existing tax gaps so that the country can gain financial independence and stop borrowing money to finance its budget. The President made the remarks at the ongoing first Science Model Workshop …
Read More »Doris Akol: Four year scorecard
Experts want more from her new term as URA boss Kampala, Uganda | JULIUS BUSINGE | Doris Akol, the Commissioner General for Uganda Revenue Authority (URA) must be a happy woman at the moment. While on a six months maternity leave that ends in February next year, she recently got the …
Read More »Battle for gold
Why Africa Gold Refinery is unhappy with URA’s licensing of new refineries Kampala, Uganda | JULIUS BUSINGE | Executives at the East Africa’s largest refinery, Africa Gold Refinery are nervous about the future of the country’s precious industry. The firm’s Chief Executive Officer, Alain Goetz, said during the 2018 Mineral Wealth …
Read More »Shs 139bn URA Tower nears completion
Tax body to save Shs3.8bn upon completion of the project Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority (URA) is expected to save at least Shs 3.8bn in annual rent upon completion of its office complex in Nakawa, Kampala. The ongoing construction works of the Shs 139bn URA Tower is …
Read More »URA, Japan agency boost South Sudan taxman
AfDB hires Commissioner General to implement tax reforms in war-wrecked nation Kampala, Uganda | IAN KATUSIIME | South Sudan is a young nation beset with many troubles especially the continuous outbreaks of war. But that has not deterred Africa’s newest nation from building its institutions, with the National Revenue Authority being …
Read More »New URA tower will be one-stop-centre
Kampala, Uganda | THE INDEPENDENT | The new Uganda Revenue Authority (URA) Sh139 billion headquarters that is close to completion at Nakawa will significantly reduce the cost of doing business for taxpayers through provision of a modern one-stop-service-centre. “The overall objective of the project is to provide infrastructure for better …
Read More »THIS WEEK: Banks sue URA over customer data
THIS WEEK: Banks sue URA over customer data Kampala, Uganda | THE INDEPENDENT | Banks under their umbrella body, Uganda Bankers Association have dragged Uganda Revenue Authority (URA) to court over a directive by the tax revenue collection body to banks to submit information of their customers including account name, Tax …
Read More »URA impounds contraband cigarettes worth Sh2.5 billion
Kampala, Uganda | URN | Uganda Revenue Authority-URA has impounded contraband supermatch cigarettes worth Shillings 2.5 billion in taxes. The contraband cigarette was smuggled into Uganda from Kenya through Busia border over a period of six months. According to URA, although the contraband is worth Shillings 2.5 billion in taxes, …
Read More »Cabinet gives URA go-ahead on dubious account holders
Kampala, Uganda | THE INDEPENDENT | Government has asked Uganda Revenue Authority (URA) to drop a recent directive for banks to release to them account details of all their clients. Uganda’s cabinet decided on Monday that the URA move “would cause unnecessary litigation and some turbulence in the banking sector and …
Read More »Why Ugandan bankers are heading to court to battle URA
Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is challenging a directive to its members requiring them to furnish information related to all the accounts they hold. Uganda Revenue Authority (URA) last month wrote to all Ugandan banking institutions asking them to release demographic and financial …
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