Kampala, Uganda | THE INDEPENDENT | Government has given Uganda Revenue Authority (URA) the go ahead to introduce the long awaited Digital Tracking Solution (Digital Tax Stamps). Speaking at a joint press conference Friday with Uganda Manufacturers Association, The Prime Minister’s Office and Ministry of Finance, URA spokesman Vincent Seruma …
Read More »URA cancels VAT Registration for 1693 ineligible taxpayers
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has effective 31st October 2019 cancelled Value Added Tax (VAT) registration of 1,693 taxpayers. The 1,693 taxpayers have been relived of the duty to charge VAT on their supplies. URA has mainly targeted taxpayers who do not file monthly returns, or …
Read More »URA recalls order on tax certificate to transfer Sh50 million abroad
Kampala, Uganda | THE INDEPENDENT | Doris Akol, the Uganda Revenue Authority-URA Commissioner General, has recalled the order that required individuals and corporations transferring sh50 million and more abroad to have a tax certificate. The order, which became public on Wednesday and had been issued by Commissioner Domestic Taxes Henry Saka, …
Read More »You now need tax certificates to transfer UGX 50M outside Uganda
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority has directed commercial banks and other money transfer firms not to transfer money amounting to Shillings 50 million outside without a tax certificate. This is a significant step to catch tax thieves or corporations that report loses to URA but then transfer …
Read More »URA provides ownership details of hit and run accident vehicle
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority –URA has provided details regarding the ownership of a vehicle, which knocked dead three people along Bukasa-Muyenga road a fortnight ago. Kampala Metropolitan Police Spokesperson, Patrick Onyango, says URA records show that the Starlet UAE 783K that allegedly hit a Bajaj boxer …
Read More »Police writes to URA, telecom compaines over impounded items
Kampala, Uganda | THE INDEPENDENT | The police have written to Uganda Revenue Authority- URA and telecom companies seeking ownership details of the suspected stolen items. Police Spokesperson, Fred Enanga, said police is waiting for response from URA and telecom companies in order to establish the owners of the numerous …
Read More »URA temporarily suspends new rules on import clearance
Kampala, Uganda | THE INDEPENDENT | City traders have suspended their planned strike after agreeing with Uganda Revenue Authority-URA to temporarily suspend it directive stopping them from putting their goods in customs warehouses in Mombasa and compel them to pay taxes immediately they reach the port entry. The directive, which had …
Read More »Educate customers, pay claims to stir insurance uptake
However, the industry has recorded growth in premiums Kampala, Uganda | ISAAC KHISA | It is no secret that the concept of insurance is pretty simple. In the exchange for a premium, an insurance firm agrees to compensate a policy holder for a specified loss, damage, illness, or death caused …
Read More »Traders to March in protest of URA rules
Kampala, Uganda | THE INDEPENDENT | Kampala traders will on Tuesday march in protest of import rules by Uganda Revenue Authority-URA which they say has made it impossible for them to do business. The march, according to Kampala City Traders’ Association (Kacita) executive director Everest Kayondo, will involve clearing agents, …
Read More »Gov’t to meet cost of digital tax stamps for one year
Kampala, Uganda | THE INDEPENDENT | The government has agreed in principle to foot the bill for the installation of digital tax stamps equipment and the stamps themselves for manufacturers for at least one year. Uganda Revenue Authority had set November 1 as the deadline for companies to install the …
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