Tag Archives: TAT

Uganda’s private sector pushes for reform of a disputed tax appeals requirement   Kampala, Uganda | JULIUS BUSINGE | For any business in Uganda, receiving a tax assessment from the Uganda Revenue Authority (URA) is normal. What is becoming impossible, however, is paying to challenge it. Under Section 15(1) of …

Kampala, Uganda | THE INDEPENDENT | High Court’s dismissal of an appeal by the Uganda Revenue Authority (URA) against the Trustees of the Bank of Uganda Defined Benefit Scheme, affirmed that the Scheme qualifies as a Settlor Trust under the Income Tax Act. The judgment, experts say, clarified and sets out …

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has advised smaller companies that cannot afford to hire expensive audit firms to prepare their accounts to make use of the cheaper auditors that the institute has certified. Stephen Ineget, the chairman of the Financial Reporting …