Kampala, Uganda | THE INDEPENDENT | The government has proposed the exemption of Value Added Tax-VAT on oxygen for medical use. This is under the Value Added Tax (Amendment) Bill, 2022 that is currently before Parliament’s Finance Committee for scrutiny. “Clause 4 seeks to amend the Second Schedule to the Principal Act …
Read More »Gov’t urgently wants sh336 billion to buy radios for everybody
Kampala, Uganda | THE INDEPENDENT | In a fresh supplementary budget request to parliament, government is seeking a total provision of Shillings 353.8 billion to purchase radios to all Uganda homesteads to support long distance learning and others. David Bahati, the Minister of State for Planning presented the request to Parliament’s …
Read More »MPS reject reintroduction of 6% withholding tax on agricultural supplies
Kampala, Uganda | THE INDEPENDENT | Parliament has rejected a government proposal seeking to reinstate the six per cent withholding tax on payments for agricultural supplies. The supplies were in 2019 exempted from the six per cent withholding tax after observing a practical challenge with a one per cent tax introduced …
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