But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …
Read More »EAC revenue bodies chase more taxes
Kampala, Uganda | JULIUS BUSINGE | The East African Revenue Authorities are facing similar challenges – a small tax base because of a huge informal sector, tax evasion, limited human resource personnel and volatile economy. Others are poor information technology systems and connectivity, political uncertainties and delays in dispute resolution. In …
Read More »THIS WEEK: Government abolishes revenue collection by private entities
THIS WEEK: Government abolishes revenue collection by private entities Kampala, Uganda | THE INDEPENDENT | During a Sept.25 press conference, Minister for Kampala Betty Kamya announced that government has abolished privatization of revenue collection from operators of public vehicles to private entities. The minister who also banned parking fees and …
Read More »URA eyes bigger taxpayer’s appreciation week with Museveni
Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni is expected to attend this year’s Uganda Revenue Authority (URA) taxpayer’s appreciation week taking place from Sept. 27-29 at Kololo Independence Grounds. The 12th event is open for the general public. This time around, beyond URA sharing taxpayer information, other government ministries and …
Read More »URA Sh500bn short of target but sees 13% growth in revenue for FY2016/17
URA Sh500bn short of target but collects 12.7 trilltion- 13% growth in revenue for FY2016/17 Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has today officially released its revenue performance for FY2016/17 indicating a 13.2% growth in revenue collection compared to the year before. According to the revenue performance report, Shs 12.7 trillion …
Read More »KCCA wins global revenue tech award from WeGO
Moscow, Russia | KCCA MEDIA | KCCA has received a global Award from the World e-Government Organization (WeGO) in Russia for modernizing City Revenue Administration using technology. WeGO is an international organization for cities and local governments that pursues sustainable urban development based on e-Government and ICT. It comprises 115 cities and 5 national …
Read More »THIS WEEK: URA takes over collection of non tax revenues
THIS WEEK: URA takes over collection of non tax revenues Starting July, Uganda Revenue Authority (URA) will be collecting non tax revenue and appropriation in aid fees in form of express penalties, firearm certificates and guard fees that organizations like Police have been responsible for. In his budget speech, Finance …
Read More »KASAIJA: Uganda’s budget 2017-18 links agriculture to industry
Kasaija asks for greater involvement by all Ugandans in implementing new budget Finance Minister, Matia Kasaija has urged all Ugandans to roll up their sleeves and make a contribution towards the smooth implementation of the Shs 29 trillion budget for financial year 2017/18. He said in future, the Ministry …
Read More »LIVE: URA annual budget breakfast
Uganda Revenue Authority (URA) is today holding public budget breakfast meetings at four venues across the country – in Kampala, Mbale, Mbarara and Gulu. According to the Commissioner General of URA Doris Akol, “the budget breakfast being held today provides an opportunity to discuss and understand the new tax policy …
Read More »‘Bad economy’ as URA records Sh240bn shortfall in 9 months
The Uganda Revenue Authority (URA) has recorded a shortfall of Shs 240bn in the first three quarters of FY 2016/2017 amidst a tough economic environment. As a sign of the times, the International Monetary Fund (IMF) this week revised GDP growth for Uganda for FY2016/17 to 3.5% from government projections …
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