By Peter Nyanzi Why it is self-defeating for proprietors of private schools to shun taxes on their net annual profits The evening TV news bulletin on April 14 showed two very happy men; the first was Prof. Lawrence Mukiibi, the proprietor of St Lawrence Schools and colleges, the other was …
Read More »URA closes Nakivubo Stadium over unpaid taxes
By Julius Businge The Uganda Revenue Authority (URA) has today (March 26) closed Nakivubo stadium located in the centre of Kampala city after the management failed to remit PAYE and VAT taxes amounting to about Shs 400million that accumulated since 2004. Abudu-Sallam Waiswa, the manager for debt collection at URA …
Read More »Why URA is wrong on taxes
By Andrew M. Mwenda The new rules are regressive because they do not seek to get money from the thieves per se, but to tax those thieves who want to invest In July this year, Uganda Revenue Authority introduced new rules on transferring or registering property (cars and houses). Under …
Read More »High taxes encouraging tax evasion?
By Mubatsi Asinja Habati Nasser Husain imports used Japanese cars from Japan for his small depot in Bugolobi opposite the defunct Tri Star fabrics factory. Husain says used cars would be affordable if it were not for the high taxes. He says a car that would cost Shs 8 million …
Read More »