Tag Archives: revenue

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority must collect 2 trillion shillings in less than 10 days left to the end of the financial year, but the tax body is worried of emerging cross-border conflicts between neighbors. This is one of the challenges that the East African countries are …

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 …

Mbarara, Uganda | THE INDEPENDENT | Mbarara City Council has created an independent department that will boost the collection of local revenue. Local revenue collection was under the office of Finance and Planning and was controlled by the Principal Finance Officer. The new revenue department will now be managed by the …

Lugazi, Uganda | THE INDEPENDENT | Lugazi municipal council probe committee has pinned town agents for failing the planned realization of local revenue. The thieving agents have gone overboard to the extent that now only 35% of the expected revenue is declared as collected. The probe committee was formed in the …

Mbarara, Uganda | THE INDEPENDENT | Mbarara City Council has resolved to adopt a new charging policy to help improve its local revenue base for the 2022/23 financial year. The charging policy will see an increase in fees and licenses for specified businesses and activities. Mbarara City Council budget is largely …

Arua, Uganda | THE INDEPENDENT | Arua district has recorded a significant reduction in local revenue collections, one month to the end of the financial year. The district had planned to collect 426 Million Shillings but they managed to collect only 185 Million Shillings. Solomon Anguzu, the Secretary of Finance and …

NEWS ANALYSIS | THE INDEPENDENT | Uganda’s Sh48.13 trillion National Budget has been approved by Parliament today. The approved budget has increased by sh5 trillion from the current financial year budget. Over half of this money is expected to come from domestic revenue collection with Government targeting  a collection of …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said he doesn’t care who owns what business in Uganda for as long as the businesses are generating revenue for the country. Speaking to the Deputy Minister of Trade in Turkey, Riza Tuna Turagay at the sidelines of the ongoing Uganda-Turkey …

Kampala, Uganda | THE INDEPENDENT | Legislators have passed a motion urging government to develop a document that will be comprehensive on the taxation policy. At a plenary sitting chaired by the Deputy Speaker, Thomas Tayebwa, on Thursday 05 May 2022, the Buyamba County MP, Gyaviira Ssemwanga, was concerned that the …

Masindi, Uganda | Ronald Musoke | On April 29, the Uganda Wildlife Authority (UWA) handed over Shs2.9bn to the heads of local government from the five districts that neighbor Murchison Falls Protected Area. This conservation zone found in northwestern Uganda comprises Murchison Falls National Park, Karuma Wildlife Reserve and Bugungu Wildlife …