Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) officials have told Members of Parliament that 4.3 trillion Shillings projected revenue is to be foregone due to different unfunded interventions in the coming financial year 2022/2023. Led by John Musinguzi, the Commissioner General, officials from URA on Monday appeared before …
Read More »Dealers protest URA notice on used cars
Kampala, Uganda | THE INDEPENDENT | Second-hand car dealers are pushing for the halt of implementation of the East African single customs territory regulations on the importation of used cars with 9 years or above since the date of manufacturing. As per the URA notice, effective 1st July 2022, there will …
Read More »Boosting tax compliance
Uganda study shows text messages can work | ISABELLE COHEN | Every government needs money to fund its political, social and economic duties. Much of what they spend is generated from taxes, fines and sales of public goods and services. The exchange of these revenues for government services is at …
Read More »Battling illicit trade
Private sector wants government to up game to protect genuine manufacturers Kampala, Uganda | THE INDEPENDENT | Ugandan companies including Unilever, Uganda Breweries Limited and BAT Uganda are carrying out sensitisation workshops countrywide to weed out illicit trade. Joanita Menya Mukasa, the managing director for Unilever Uganda said on March.16 …
Read More »URA lost UGX14Bn due to Katuna border closure
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA lost over fourteen billion shillings in revenue collections owing to the three-year closure of the Uganda-Rwanda border post of Katuna. Rwanda on Monday this week fully reopened its land borders with Uganda. The Rwandan authorities had partially reopened the border on January …
Read More »Katuna border: URA urges Ugandan traders to comply with Rwandan rules
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has strongly advised traders operating along the Uganda-Rwanda border to comply with Rwandan government rules. The warning comes at a time when Rwanda has fully re-opened its land borders with Uganda. The Rwandan authorities partially reopened the border on January 31st, 2022 …
Read More »The Museveni-Mutebile conundrum
Why their opposing views still represent the ideological contention over Uganda’s destiny THE LAST WORD | ANDREW M. MWENDA | The memorial service of deceased central bank governor, Emmanuel Tumusiime-Mutebile, provided a rare glimpse into the ideological contests that shaped the nature of the economy of present-day Uganda. President Museveni …
Read More »URA sees better revenue collections a head
The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …
Read More »URA halts withholding tax on petroleum products transporters
Kampala, Uganda | THE INDEPENDENT | Oil marketing companies in Uganda have petitioned the Ministry of Finance to intervene in a tax dispute with Uganda Revenue Authority. Recently, URA wrote to the companies demanding that they remit 15 per cent withholding tax on all foreign transport payments incurred over the years …
Read More »Rising fuel prices
Did URA, Ministry of Health cause it? Kampala, Uganda | IAN KATUSIIME | An unreasonable testing protocol, greed and an unresponsive government to popular needs has seen Ugandans treated to the worst of January blues with fuel prices going as high up as UgShs10, 000 for a litre. The prices …
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