VIDEO: URA explains vehicle registration taxes Motor Vehicle and motorcycle registration fees have for years been a subject of debate, with importers of cars and other properties accusing the tax body of taxing them highly. But the Uganda Revenue Authority Assistant Commissioner field services Stephen Magera, blames their tax burden …
Read More »URA looks set to surpass 2016-17 revenue target by Shs 500 billion
Uganda Revenue Authority (URA) is on track to collect tax revenue of Shs 500 billion above target by end of the financial year 2016/2017. URA’s Commissioner General, Doris Akol says Shs 10.5 trillion has so far been collected as revenue for this financial year, and projections are now that they will collect …
Read More »Uganda sets up independent committee to deal with tax agents
Government of Uganda has set up a five-member committee to check the powers of the self regulated tax agents. Henry Saka, the commissioner for domestic taxes told The Independent on the sidelines of an event unveiling the committee at the Uganda Revenue Authority (URA) headquarters in Nakawa on May 10, …
Read More »Museveni deflects blame on oil handshake bonus
President Yoweri Museveni sought to deflect the blame and criticism aimed at him over a cash bonus given out to government officials who played a part in Uganda’s victory in international arbitration against oil companies. In a closed door session at State House Entebbe with parliamentary probe committee on the …
Read More »URA closes Good African Coffee over tax arrears
Uganda Revenue Authority closed Good African Coffee shops in the city owned by businessman Andrew Rugasira for three days over unpaid tax arrears amounting to Shs1billion. The shops were reopened days later after reported talks between the businessman and the authority. URA head of debt collection Stanley Kalemera …
Read More »OIL: Museveni talks tough on presidential handshake money
Whoever breached the law in the six billion shilling oil cash payout must face the law – Museveni The chairperson of Uganda’s parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) Abdu Katuntu has said President Yoweri Museveni wants the solicitor General to account for sh5.6 billion supposed to have …
Read More »URA, UBA launches new online payment solution
Uganda Revenue Authority (URA) and United Bank of Africa (UBA) have launched tax payments through online and point of sale –POS (card swiping) methods, powered by VISA and MasterCard. Speaking at the launch of the service at URA’s headquarters in Nakawa on Tuesday March 28, URA’s Commissioner General Doris Akol …
Read More »BUSINESS: Refinery offers golden opportunity
New $20mn firm welcomed but analysts say government must strengthen legal and monitoring framework of minerals sector President Yoweri Museveni’s launch of a $20 million African Gold Refinery Ltd (AGR) – the first in East and Central Africa – in Entebbe on Feb.20 was a bold step welcomed by …
Read More »Oil cash bonanza probe in final stages
Lawyers say president has no right to dish out money The parliamentary committee investigating the Oil Cash Bonanza is in the final stages of completing its hearings with Ministry of Finance officials being the last batch of civil servants to appear. By press time, committee chairperson Abdu Katuntu said they …
Read More »VIDEO: Kagina, Musisi appear before COSASE
VIDEO: Beneficiaries of the presidential hand shake bonanza including UNRA Boss Allen Kagina, KCCA ED Jennifer Musisi and the former Energy PS Kabagambe Kaliisa have denied ever asking for a reward from President Yoweri Museveni as earlier alleged by the movers of the motion. They say, although President Yoweri Museveni didn’t …
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