Wednesday , November 6 2024

Tag Archives: tax

Now, Parliament rejects Tribunal merger

Kampala, Uganda | THE INDEPENDENT | Parliament on Thursday rejected a proposal to introduce a single tribunal under the National Tribunal Bill, 2024, on grounds that it contravenes Article 152 (3) of the Constitution. The Bill was intended to repeal the Tax Appeals Tribunal Act, the Electricity Disputes Tribunal Act …

Read More »

Parliament Committee okays formation of single tribunal for all disputes

In a report presented by the chairperson of the committee Baka Mugabi, the MP for Bukooli North, the MPs agreed to merge; the Tax Appeals Tribunal, the Electricity Disputes Tribunal, the Public Procurement and Disposal of Public Assets Appeals Tribunal, the Insurance Appeals Tribunal, the Uganda Communications Tribunal, the Retirement …

Read More »

Private sector tasks gov’t to improve tax policies

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector has blamed the poor attitude towards compliance with tax obligations on what they call unfriendly tax policies. This comes as the government seeks more ways of encouraging more Ugandans to pay taxes as and when they fall due, and also increasing the …

Read More »

Grant of tax waiver to companies queried

Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. While appearing before the committee, the State Minister for Finance (General Duties), Henry Musasizi said the tax waivers will …

Read More »

To preserve democracy, tax the rich

A progressive tax system would redistributes incomes to the poor while preserving incentives for the rich COMMENT | KAUSHIK BASU | While there are many ways to measure economic inequality, key metrics consistently show that disparities are getting worse. According to a recent United Nations report, 71% of the world’s population …

Read More »

Tax exemptions for MPs at Sh159 billion every year

Kampala, Uganda | THE INDEPENDENT | Tax exemptions on employment incomes of various government officials is costing government 458.9 billion Shillings a year in foregone revenue, as per the year 2022/2023. According to the Tax Expenditure Report for Financial Year 2022/23, a total of 158.56 billion Shillings or just over …

Read More »

Students challenge govt on tax waivers, free sanitary pads

Masaka, Uganda | THE INDEPENDENT | Students have appealed to the government to consider dropping tax levies on private education institutions and to accelerate the process of providing free sanitary pads to schools. While making submissions before the Education Police Review Commission, during its regional consultation meeting at Masaka Senior Secondary …

Read More »