Tag Archives: ura

The latest threat to commercial banking? At the end of November 2016, the Uganda Revenue Authority’s staff Savings and Credit Cooperative (SACCO) held up to Shs12.6 billion on its account as the cumulative savings of its members.That amount is triple the minimum capital requirement to start a Tier II bank …

VIDEO: African Tax administrators have called for the need to strengthen Value Added Tax Administration on the continent to increase tax revenues. Uganda Revenue Authority Commissioner General Doris Akol says improving domestic Revenue Collection, is the only way African tax bodies can combat tax evasion. Akol was speaking during the 17th …

Parliament on Tuesday defied President Yoweri Museveni’s directive to have the Income Tax (Amendment) Bill, 2016 amended to allow MPs’ allowances to be taxed. “The Committee recommends that the Tax Bill be passed in its current form, and be sent back to the president for assent,” Henry Musasizi, the chairperson …

Single Electronic Window: The new system will see a 30% reduction in transaction costs for the private sector Uganda Revenue Authority (URA) has launched the Uganda Single Electronic Window system. The new system will see a 30% reduction in transaction costs for the private sector, writes Juddie Kilungu. It will also …

Uganda Revenue Authority (URA) Commissioner General Doris Akol has encouraged entrepreneurs and businesses to not only plan for marketing, rent, wages and transport costs, but also taxes, that eventually determine the survival of their enterprise. “Businesses need to start looking at tax as another cost of operation. My advice to …

Uganda has been re-elected member of the African Tax Administration Forum (ATAF) council at the ongoing General Assembly in Durban, South Africa. The country’s revenue authority URA also won two awards, coming top in Africa in the 2016 Innovation Awards in Customer Service and the Innovation Awards for Modernization. The new ATAF Council elected for …

URA at 25: Experts salute URA but warn of a mountain to climb to lift tax:GDP ratio from miserable 12% On September 20, Uganda Revenue Authority (URA) across the country replaced their shirts and tops with T-shirts inscribed with the words: “Believe there is good in the world” and headed …

Nile Breweries Ltd have been hailed as excellent taxpayers and named the Excel Award winners as Uganda Revenue Authority celebrated their Silver Jubilee on Saturday. The Jinja-based brewers have contributed over sh1.8 trillion to government revenue from1998 to June 2016. URA commended Nile Breweries for their organized record keeping, prompt filing and their …

President Yoweri Museveni has described the Uganda Revenue Authority (URA) as one of the successes of the National Resistance Movement government. “You are among the greatest heroes of this nation,” said Museveni, in a speech read for him by the Prime Minister Ruhakana Rugunda at the climax of URA’s Silver Jubilee celebrations …

  Uganda Revenue Authority (URA) on Thursday marked 25 years since its formation, celebrating revenue growth of 6273% and a remarkable turnaround that now has them referred to as an employer of choice. At a thanksgiving at their Nakawa headquarters, Commissioner General Doris Akol hailed the turnaround of URA’s image and performance, shown …