Tag Archives: taxes

Kampala, Uganda | THE INDEPENDENT | The Uganda Alcohol Industry Association has launched an industry report that sheds light on the trade and consumption of Illicit alcohol in Uganda. Among other revelations, the report found that the government of Uganda loses approx.1.6 trillion in unrealized taxes due to evasion of tax …

Kampala, Uganda | THE INDEPENDENT | How does it matter that the tax on an individual’s contributions to the National Social Security Fund is deferred to the time of withdrawal of the benefits, as had earlier been proposed by the NSSF? The media reports that the government plans to tax the …

Kampala, Uganda | THE INDEPENDENT | Government has started engaging owners of gold companies so as to reach an understanding over the new taxes imposed on gold. This is after the Ministry of finance reported that the country lost over 470 billion Shillings in taxes on the exportation of gold due …

Kampala, Uganda | THE INDEPENDENT | As the government moves to meet traders over an impending strike by importers of textile and textile products over taxes, the Ministry of Finance, Planning and Economic Development, and the Uganda Revenue Authority are accusing the traders leadership of dishonesty. Kampala City Traders Association, KACITA …

Kampala, Uganda | THE INDEPENDENT | Uganda’s formal tobacco Industry continues to be impacted by a growing trade in illicit products, attributed to government policies which are otherwise aimed at protecting the industry. These include the implementation of anti-smoking regulations as well as the tax measures that are largely aimed at …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards has reduced the cost of certifying a product, following continuous complaints from manufacturers. UNBS has also phased out some costs altogether including Initial Audit Fees of 250,000 Shillings and Surveillance Audit Fees of 250,000. Sylvia Kirabo, the Head …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the COVID-19 task force have asked the government not to deduct 30 percent off the risk allowances for health workers deployed in the COVID-19 Treatment Units- CTU. The MPs who are on the nationwide tour to assess Covid-19 management capacities in …

Kenya charges 16% VAT while the rest impose 18% on products produced within their countries | THE INDEPENDENT | Uganda’s finance ministry and Uganda Revenue Authority executives have agreed that there is need to centralize collection of revenues within the East African Community. This, they say, will play an important …

Gulu, Uganda | THE INDEPENDENT | Gulu City Council has started valuation of all properties to be taxed in the next five years. Gulu City’s revenue collection for the financial year 2020/2021 was projected at 4.7 Billion Shillings but only 1.8 Billion Shillings was realized. Geoffrey Oyoo, the Gulu City senior …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority have agreed that there is a need to quickly centralize the collection of government revenues within the East African Community. Article 32 of the EAC Common Market Protocol provides for the harmonization …