Tag Archives: ura

URA’s legal win means benefits will be subjected to PAYE Kampala, Uganda | JULIUS BUSINGE | It is now official that workers who will be paid benefits as a result of retrenchment will be subjected to Pay as You Earn tax – which is 30% of the total earnings. This …

Kampala, Uganda |  THE INDEPENDENT  The Uganda Revenue Authority-URA board has appointed new commissioners to replace those fired in May 2020. The appointments made after the August 26, 2020 sitting saw Abel Kagumire appointed as the commissioner customs. Kagumire had been acting in the position since early this year. Richard Kariisa  has …

Kampala, Uganda |  THE INDEPENDENT  Uganda Revenue Authority – URA registered a surplus in tax collections for July 2020 after some people and corporations that had suspended payments during the Coronavirus (COVID-19) lockdown paid up. URA collected 1.2 trillion Shillings in July 2020 against a target of 1.02 trillion Shillings – …

Uganda is yet to approve the multi-trillion shilling deal involving Total E&P and Tullow Oil since the two firms announced their planned transaction, three months ago. Kampala, Uganda | RONALD MUSOKE | In a statement delivered via a webinar during the national content supplier workshop on Aug.5, Total E&P Uganda …

Kampala, Uganda |  THE INDEPENDENT | Ugandans registered the highest number of new motorcycles in the year that ended June 2019 in what could be an indicator a larger number of people are entering the Boda Boda industry. According to figures published by the Uganda Revenue Authority (URA), Ugandans registered 103, …

Kampala, Uganda |  THE INDEPENDENT | Uganda Revenue Authority – URA says it will waive penalties for taxpayers who will come out to voluntarily declare the taxes that they were supposed to pay but didn’t pay it. The window for voluntary disclosure comes after an amendment of section 66 of the …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA and musician Joseph Mayanja aka Chameleone have agreed to settle the 77 million shillings tax evasion case outside court. The decision was announced on Thursday by the State Attorney Hilda Bakanansa. Mayanja was expected to take a plea to charges related …

Kampala, Uganda | THE INDEPENDENT | Taxpayers disputing assessments by Uganda Revenue Authority will no longer be required to deposit 30 percent of the amount in dispute before launching a challenge at the Tax Appeals Tribunal (TAT). Section 15 of the Tax Appeals Tribunal Act requires a company or any taxpayer …

Kampala, Uganda |  THE INDEPENDENT |  Taxpayers who will want to claim a tax refund from Uganda Revenue Authority – URA will not be allowed if they don’t implement the electronic invoice and receipt system. According to URA, taxpayers have three months up to September 30, 2020, to adjust their systems …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed an application seeking to block the selective roll-out of electronic receipts and invoices by Uganda Revenue Authority. The program also known as the Electronic Fiscal Receipting and Invoicing Solutions is a government initiative through which businesses are …