Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) Commissioner General Doris Akol has called for the amendment, and in other cases abolition of several tax laws, including the OTT (Over-the-top media service). She has also called for an amendment of the Tax Procedure Act to allow for installment …
Read More »Companies, businesses expect a better 2020
But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …
Read More »Kampala grinding to a halt
How NRM politics have made Kampala a dysfunctional city and what cannot be done about it THE LAST WORD | ANDREW M. MWENDA | As we enter 2020, Kampala has become a dysfunctional city. The heavy rains of 2019 have left most of the roads in a horrible state …
Read More »URA must pay for goods lost or damaged in its custody
Kampala, Uganda | THE INDEPENDENT | The Court of Appeal has ruled that Uganda Revenue Authority-URA will have to pay for people’s goods lost or damaged in its possession. This position was made clear in a case involving a phones importer, Robert Bagala, against the tax body after the latter …
Read More »Uganda’s War against Corruption
Accounting officers should be on the frontline To say that corruption is wide spread in our society is an understatement. It touches everything and everyone but the poor and marginalised have the most to lose since wealthier citizens can privately source the services that corruption denies all of us. For …
Read More »Domestic marine cargo covers could boost insurance market
Presently importers insure their cargo in the country of origin through their suppliers Kampala, Uganda | ISAAC KHISA | For many decades, Uganda’s insurers and reinsurers never imagined that they could cash in on marine cargo insurance business amid the large volume of business involved in international trade. This …
Read More »Tax collection drops further in November
Kampala, Uganda | THE INDEPENDENT | Government taxes took yet another hit in November as Uganda Revenue Authority (URA) collected less than the target at the time when there is decry over consistent poor tax performance. A Ministry of Finance November 2019 report on the performance of the economy shows …
Read More »188,200 Electronic passports issued so far
Kampala, Uganda | THE INDEPENDENT | The Directorate of Citizenship and Immigration has so far issued 188,200 electronic passports. The passports also referred to as e-passports are a change from the current machine-readable passports. Brig. Johnson Namanya, the Commissioner for Citizenship and Passport Control on Tuesday gave an update on …
Read More »URA boss quizzed on taxes collected from substandard goods
Kampala, Uganda | THE INDEPENDENT | The Commissioner-General of Uganda Revenue Authority (URA) Doris Akol has downplayed accusations that the tax body caused losses to businesses by retaining taxes paid for goods that are destroyed after failing to meet standards. Akol was summoned by Parliament’s Committee on Commissions, Statutory Authorities …
Read More »Africa tax body targets online companies
How can African countries increase tax revenues to fund their budgets and reduce donor dependency? This is the general question that African countries have dealt with over the years in response to the growing demand for services by the population. Kampala, Uganda | JULIUS BUSINGE | At the 4th international …
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