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Tag Archives: ura

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, …

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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 …

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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 …

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‘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 …

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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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Former URA tax officer remanded for causing Sh9 billion loss

It is alleged that between January 2021 and December 2021, Tumusiime reduced  tax worth 4.5 billion shillings for several companies Kampala, Uganda | THE INDEPENDENT | The Anti Corruption Court in Kampala has remanded Dennis Tumusiime, a former Uganda Revenue Authority Tax Officer to Luzira Prison on charges of abuse …

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