Kampala, Uganda | THE INDEPENDENT | To maximize tax collection, Uganda Revenue Authority has established mechanisms to start collecting VAT from non-resident service provider companies operating in the Ugandan economy. Collection of VAT from these companies is starting effective 1st July 2022, and will focus on all electronic service providers. These …
Read More »VAT: Supermarkets fail to remit billions to URA
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA has revealed that Value Added Tax (VAT) of more than sh40 billion has not been remitted by different retail businesses since the electronic fiscal receipt invoicing system -EFRIS system was instituted. In the bid to maximize tax mobilization in the …
Read More »Can EAC partner states have centralized tax system?
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 …
Read More »Levying taxes on sugary drinks
Why African countries need reliable local data on sugary drinks tax revenue, VAT, corporate tax and customs duty revenue COMMENT | AGNES ERZSE AND KAREN HOFMAN | Professor and Programme Director, SA MRC Centre for Health Economics and Decision Science – PRICELESS SA (Priority Cost Effective Lessons in Systems Strengthening …
Read More »URA’s domestic VAT battle
Kampala, Uganda | THE INDEPENDENT | Margaret Rwaheru Akiiki and her fellow complainants will have to wait a little longer to know whether they are entitled to the billions of shillings in refund by Uganda Revenue Authority-URA arising from a court ruling last week. According to the URA, it’s not yet …
Read More »NWSC boss criticizes Nakawa mayor over water tax
Kampala, Uganda | THE INDEPENDENT | The managing director of National Water and Sewerage Corporation (NWSC), Eng. Silver Mugisha has criticized politicians advocating for the scrapping of taxes on water consumption. Mugisha says such ideas will result in lack of access to clean water by the community. Mugisha made the remarks …
Read More »Parliament approves tax exemption on COVID-19 medical supplies, hotels
Kampala, Uganda | THE INDEPENDENT | Parliament has approved a government proposal to exempt taxes from items used by medical workers in the treatment of COVID-19. Also exempted are materials and inputs used in the manufacture of equipment for the prevention, protection and treatment of COVID-19 patients. These include disposable …
Read More »Kasaija slaps tax on imported agricultural products
Kampala, Uganda | THE INDEPENDENT | The government has slapped taxes on imported agricultural products. In the 2020/21 budget, Matia Kasaija, the Minister of Finance said he seeks to promote import substitution and develop local industries. He said the government has increased import duties on goods that are produced …
Read More »Experts welcome tax waiver on agricultural inputs
Kampala, Uganda | THE INDEPENDENT | The move by the government to waive taxes on most agriculture products has been welcomed as a positive step. Finance Minister Matia Kasaija is expected to announce the removal of the 18 percent value-added tax (VAT) on all the tools used in the garden …
Read More »Gas, processed milk to be exempted from taxes
Kampala, Uganda | THE INDEPENDENT | The government will on Thursday announce the removal of Value Added Taxes on various products including liquefied petroleum gas (LPG) and the processed milk. The announcement is one of the measures contained in the 2020/21 financial year budget with an aim to boost the …
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