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Tag Archives: taxes

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 …

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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 …

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URA recognises top 20 tax-paying educational institutions

URA recognises top 20 tax paying educational institutions Uganda Revenue Authority has released a list of top 20 tax payers in the education sector ahead of June 8 – the day Finance Minister Matia Kasaija presents the 2017/18 national budget. According to a notice released by URA’s Commissioner General, Doris Akol …

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VIDEO: URA explains vehicle registration taxes

VIDEO: URA explains vehicle registration taxes Motor Vehicle and motorcycle registration fees have for years been a subject of debate, with importers of cars and other properties accusing the tax body of taxing them highly. But the Uganda Revenue Authority Assistant Commissioner field services Stephen Magera, blames their tax burden …

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Uganda’s tax system unfair to SME’s

Hakim Lugemwa is the CEO of Uganda Entrepreneurs Business Foundation. He spoke to The Independent’s Agnes E Nantaba about the challenges and opportunities of entrepreneurship in Uganda. What are the key elements in your management style as a CEO? My management style is not driven towards owning the foundation but …

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URA, UBA launches new online payment solution

Uganda Revenue Authority (URA) and United Bank of Africa (UBA) have launched tax payments through online and point of sale –POS (card swiping) methods, powered by VISA and MasterCard. Speaking at the launch of the service at URA’s headquarters in Nakawa on Tuesday March 28, URA’s Commissioner General Doris Akol …

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KADAGA: Income Tax Amendment Bill is now law

Uganda Parliament Speaker Rebecca Kadaga has confirmed that the Income Tax Amendment Bill (copy bottom) is now law. Kadaga told parliament on Wednesday that technically, the law has been assented to despite President Yoweri Museveni returning the bill to parliament for the third time last month, seeking amendments. The Income Tax Bill …

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CSOs call for a referendum on MPs tax exemptions

Civil Society Organizations (CSOs) have called for a referendum for Ugandans to decide if MPs should pay income tax on their allowances or not. According to their umbrella body, the civil society budget advocacy group(CSBAG), a total of 3216 petition letters have been collected, asking President Yoweri Museveni to ensure MPs pay …

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