Tag Archives: Musinguzi

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has directed all commercial building owners to use the e-receipts payment systems for rent to address revenue losses resulting from tax evasion in the rental income sector. The tax evasion problem, URA says, has arisen due to the unclear income …

Fort Portal, Uganda | THE INDEPENDENT | An accident in Queen Elizabeth National Park along the Kikorongo – Katunguru Road in Katwe Kabatoro Division has critically injured three people. The Monday accident involved a motor vehicle with registration number UAM 051/Q, a blue Toyota Hilux Double Cabin. It was driven …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has outperformed its financial targets for the last fiscal year, with a substantial increase in locally collected taxes. The performance report from the authority issued Wednesday shows a remarkable surplus in domestic revenues, particularly in direct taxes, which recorded …

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has come under intense scrutiny from the lawmakers on the Parliament’s Committee on Commissions, Statutory Authorities, and State Enterprises (COSASE) for its failure to utilise Shs60 billion as planned. The demand for answers arose during the ongoing probe into …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | The police have named victims of a stampede that left 10 people dead at the Freedom City mall, along the Kampala-Entebbe road on January 1, 2023. The deceased were part of a crowd that converged to usher in the New Year. Preliminary police findings …

But it reported revenue shortfall in withholding tax, temporary road license and export levy | THE INDEPENDENT | Uganda Revenue Authority collected net revenue amounting to Shs5.4trillion against a target of Shs5.1trillion for the three months ending September 30, representing a Shs286billion surplus. This represents a 105.58% improved performance and …

Commissioner General John Musinguzi outlines ways of hitting this target | THE INDEPENDENT | Uganda Revenue Authority Commissioner General John Rujoki Musinguzi has outlined his plan that will make it possible for him to achieve the Shs25.1tn target for FY2022/23 set by the Minister of Finance Planning and Economic Development. …

External employment has contributed greatly to employing young Ugandans COMMENT | Samson Tinka |  It is estimated that there are over 100,000 Ugandans working in the Middle East alone. Remittances from Ugandans in the diaspora is said to bring into the country $1 billion every year. This is actually a drop by …