Tag Archives: VAT

Looking to tough, new compliance, enforcement COVER STORY | RONALD MUSOKE | Value Added Tax (VAT) fraud is the most prevalent tax crime in Uganda. This was one of the revelations at the launch of the “Tax Crimes and Proceeds Risk Assessment Report, 2024” in Kampala on Oct.24 by the Financial …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has introduced a new tax compliance system that will help taxpayers maintain compliance and avoid adverse consequences. The domestic taxes compliance improvement plan (CIP) for the financial year 2024/25 lists 20 areas that, when not addressed by taxpayers, usually …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has has assented to 19 Bills that were recently passed by Parliament. These include the VAT and NGO ammendment bills. He however returned two Bills to Parliament, for reconsideration.  These are the National Commission for UNESCO (Amendment) Bill, 2024 and the Higher …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA has warned the business community against misinterpreting the President’s directive on EFRIS (Electronic Fiscal Receipting and Invoicing Solution). URA says the President’s directive did not stop the implementation of EFRIS and urges the taxpayers to continue using the system. “Currently, all …

SPECIAL REPORT | THE INDEPENDENT | The Uganda Manufacturers Association has offered support for the Electronic Fiscal Receipting and Invoicing System (EFRIS) but faults the government agencies on aspects of its implementation. UMA Chairman, Deo Kayemba says while the system is vital to ensure proper tax administration, the taxpayers do not …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) is set to enlist all vatable smaller and medium size businesses on the Electronic Fiscal Receipt and Invoice Systems (EFRIS), to ensure efficiency in the collection of Value Added Tax (VAT), from these establishments. This revelation was made by the …

Kampala, Uganda | THE INDEPENDENT | To maximize tax collection, Uganda Revenue Authority has established mechanisms to start collecting VAT from non-resident service provider companies operating in the Ugandan economy. Collection of VAT from these companies is starting effective 1st July 2022, and will focus on all electronic service providers. These …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA has revealed that Value Added Tax (VAT) of more than sh40 billion has not been remitted by different retail businesses since the electronic fiscal receipt invoicing system -EFRIS system was instituted. In the bid to maximize tax mobilization in the …

Kenya charges 16% VAT while the rest impose 18% on products produced within their countries | THE INDEPENDENT | Uganda’s finance ministry and Uganda Revenue Authority executives have agreed that there is need to centralize collection of revenues within the East African Community. This, they say, will play an important …

Why African countries need reliable local data on sugary drinks tax revenue, VAT, corporate tax and customs duty revenue COMMENT | AGNES ERZSE AND KAREN HOFMAN | Professor and Programme Director, SA MRC Centre for Health Economics and Decision Science – PRICELESS SA (Priority Cost Effective Lessons in Systems Strengthening …