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Tag Archives: tax

No tax relief for retrenched workers

URA’s legal win means benefits will be subjected to PAYE Kampala, Uganda | JULIUS BUSINGE | It is now official that workers who will be paid benefits as a result of retrenchment will be subjected to Pay as You Earn tax – which is 30% of the total earnings. This …

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Kaabong to tax artisanal miners to boost local revenue

Kaabong, Uganda | THE INDEPENDENT | Kaabong district authorities have announced plans to tax artisanal miners in the district. This follows several requests by the miners and residents requesting for improved service delivery. The miners want the district to construct water sources in the mining areas. Albine Dwo, the district …

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Lake Kyoga fishermen get six month tax exemption

Hoima, Uganda | THE INDEPENDENT | Fishermen on Lake Kyoga have been exempted from taxes for six months, the Minister of State for Fisheries Helen Adoa has confirmed. This follows the resumption of fishing operations in Lake Kyoga after they were banned in January. The fishermen are supposed to pay …

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Court declares tax appeal deposits unconstitutional

Kampala, Uganda |  THE INDEPENDENT |  Taxpayers disputing assessments by Uganda Revenue Authority will no longer be required to deposit 30 per cent of the amount in dispute before launching a challenge at the Tax Appeals Tribunal (TAT). Section 15 of the Tax Appeals Tribunal Act requires a company or any …

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Gov’t delays taxes worth UGX 129.4 billion in business relief

Kampala, Uganda | THE INDEPENDENT | The Minister of Finance Matia Kasaija has announced the postponement of taxes worth 129.4 billion as a short term emergency relief measure to businesses affected by coronavirus pandemic. The taxes postponed include corporate income tax, Pay As You Earn (PAYE) and presumptive tax, which …

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Finance Committee asks government to suspend new tax measures

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has been tasked to consider suspending all new tax measures for the coming financial year 2020/2021 to help Ugandans cope with the effects of coronavirus pandemic. The request was made by the Finance Committee of Parliament during an interface with Minister …

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France, US agree to extend digital tax row talks

Paris, France | AFP | Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington’s threat of sanctions against Paris, a French diplomatic source said Monday. The source said the French and …

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2020/2021 Financial year budget to increase after negotiations with donors

Kampala, Uganda | THE INDEPENDENT  | The Director Budget in the Ministry of Finance, Kenneth Mugambe says that the proposed budget for the coming financial year 2020/2021 is expected to increase once on-going project negotiations that require external financing are concluded. According to the Budget framework paper accessed by URN, government …

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