Kasese, Uganda | THE INDEPENDENT | The Business community in Kasese District has asked Uganda Revenue Authority-URA to create adequate awareness to enhance tax compliance. They say that there has been a huge gap in communication and information dissemination and if not addressed it will be difficult for the tax body …
Read More »Politicizing revenue collection is affecting tax compliance – URA
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority is blaming politicization of revenue collection in the Ugandan public, as one of the reasons affecting compliance with tax obligations hence low revenue collections in the country. Though the amounts collected increase regularly, URA has always failed to achieve its set targets, …
Read More »URA to introduce smart gate to combat trade fraud at border points
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) revealed that it will soon introduce smart gate, an automated self-service border control system to combat trade fraud including under and over-declaration of imports and exports. The gates are in addition to other measures in place such as cargo digital scanners, …
Read More »Parliament considering moratorium on ministerial tax waivers, exemptions
Kampala, Uganda | THE INDEPENDENT | Members of Parliament have proposed a moratorium on the powers of Ministers to grant tax waivers and tax exemptions to individuals and companies operating businesses in the country. The legislators are concerned over the persistent requests from the government for additional funds from Parliament …
Read More »MPONDWE: Smuggling frustrating URA tax collection targets
Kasese, Uganda | THE INDEPENDENT | Smuggling of goods through porous borders in Mpondwe, Kasese district is frustrating the efforts of the Uganda Revenue Authority (URA) to achieve its tax collection targets. Smuggling involves the supply, distribution, and sale of products on which applicable taxes in the country of consumption …
Read More »Parliament to investigate energy minister over sh573 billion gold tax waiver
Kampala, Uganda | THE INDEPENDENT | Parliament has resolved to investigate the circumstances under, which the Minister of Energy and Minerals waived tax payment of sh573 billion in gold exports. The motion, moved by the Leader of Opposition (LOP), Mathias Mpuuga on Tuesday, called for the formation of a select …
Read More »URA rallies Kasese business community on voluntary tax disclosure
Kasese, Uganda | THE NDEPENDENT | The Uganda Revenue Authority-URA is rallying the business community in Kasese to utilize the voluntary tax disclosure program in order to meet their target obligations. Under the Voluntary Disclosure process, a taxpayer discloses information relating to tax liabilities, omissions, or misstatements and declarations to Uganda …
Read More »‘Tax revenues grow, but URA won’t hit target’
The Ministry of Finance, Planning, and Economic Development set a target of 25.555 trillion Shillings for URA for the 2022/2023 financial year Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) forecasts indicate it will register a shortfall of 365.13 billion Shillings this financial year. This is according to …
Read More »Ministry of works to fully handle motor vehicle registration
Kampala, Uganda | THE INDEPENDENT | With effect from 1st July 2023, all vehicle registration functions will be handled by the Ministry of Works and Transport (MoWT). This move is the final stage in the transition of Vehicle registration from URA to MoWT that commenced three years ago. The transition …
Read More »URA to lose UGX 2 trillion to tax exemptions
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority – URA is concerned that it will forego up to Sh2 trillion in tax expenditures in the next financial year. The URA Commissioner General, John Musinguzi, revealed this on Thursday while appearing before Members of Parliament on Parliament’s Committee of Finance …
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