Tag Archives: ministry of finance

Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC)-Central Government is investigating the excess funds that were released by the Ministry of Finance to regional referral hospitals for gratuity in the last financial year. The matter stems from the June 2021 audit report in which Auditor General John Muwanga …

Kampala, Uganda | THE INDEPENDENT | Chinese doing business in Uganda have today engaged the Uganda Revenue Authority (URA) seeking clarification on several tax administration concerns, most notably how to get tax exemptions. In the meeting with URA officials, the business community under the Chinese Chamber of Commerce, Uganda SINOCHAM …

Kampala, Uganda | THE INDEPENDENT | Legislators have passed a motion urging government to develop a document that will be comprehensive on the taxation policy. At a plenary sitting chaired by the Deputy Speaker, Thomas Tayebwa, on Thursday 05 May 2022, the Buyamba County MP, Gyaviira Ssemwanga, was concerned that the …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance says the budget for the financial year 2022/2023 will mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic, among other key issues. Presenting a statement to the Budget Committee on Wednesday, 27 April 2022, the Minister of …

Kampala, Uganda | THE INDEPENDENT | An expert study has recommended that the Uganda Revenue Authority be transformed into a statutory agency with more powers on the policies that govern tax administration. Currently, the URA lies under the direct supervision of the Ministry of Finance, Planning and Economic Development, which is …

Kampala, Uganda | THE INDEPENDENT | Multiple international crises are pushing up commodity prices in Uganda, causing discomfort among the public, the ministry of finance has said. Finance minister Matia Kasaija, in a recent statement, said prices of essential goods and services like laundry soap, wheat flour, cooking oil, education and …

Gulu, Uganda | THE INDEPENDENT | Gulu city councilors have faulted the Ministry of Finance for failing to remit the council’s local revenue collected using the Integrated Revenue Administration System-IRAS. The government allocated local revenue worth 491 Million Shillings to Gulu City Council for the financial year 2021/2022 but using the IRAS, …

Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Anita Among has said that the Minister of Finance will not fund the travel budget of Parliament in the next financial year. Among told MPs on Wednesday and accused the Ministry of Finance of trying to stifle the operations of …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has proposed establishing a mechanism to track the beneficiaries of interventions that helped Uganda recover from the effects of Covid-19. Among the initiatives that were put in place by the government include the Emyooga program, small recovery fund, SACCO money through the …

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 …