Tag Archives: tax

According to the EAC Secretariat, trade among the seven member states and the rest of Africa rose by $584.6 million to $4.3 billion in the fourth quarter of 2023 compared to the same period in the previous year Kampala, Uganda | THE INDEPENDENT | East African governments are under mounting pressure …

KAMPALA, UGANDA | THE INDEPENDENT | Ugandan manufacturers are calling for reforms in the tax dispute resolution frameworks to make processes faster. Under the current systems, they say, affected parties have to take long periods characterized by uncertainties that in the end affect the business operations. The Uganda Manufacturers Association …

KAMPALA, UGANDA | Xinhua | The Uganda Revenue Authority (URA), the state-run tax body, on Thursday launched the second edition of the Chinese translation of its tax guide book, a move aiming to help the Chinese business community better understand the country’s tariffs regime. At the launching of the book, …

Uganda’s tax overhaul draws praise—and alarm—from civil society Kampala, Uganda | JULIUS BUSINGE | A coalition of over 50 civil society organizations under the Tax Justice Alliance Uganda (TJAU) has raised critical concerns over the Government of Uganda’s proposed Tax Amendment Bills for the 2025/26 financial year, warning that certain changes …

Ensuring increased tax contribution of wealthy citizens Africa-wide relies on these three smarter collection strategies COMMENT | GIOVANNI OCCHIALI | Faced with some of the worse debt levels in over a decade, African countries are struggling to find ways to balance their books. Increasing revenue sources from their citizens is an …

KIGALI, Rwanda | Xinhua | The Rwandan Cabinet has approved tax policy reforms to bolster the country’s financial resources and drive economic growth, the finance ministry said Tuesday. The changes, to take effect in the 2024/2025 fiscal year and beyond, aim to broaden the tax base, enhance revenue mobilization, and streamline …

Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament, the Income Tax (Amendment) Bill, 2025 that seeks to extend the tax exemption to Bujagali Hydro Power Project up to 30 June 2025. The bill presented by State Minister for Finance (General Duties), Henry Musasizi on Tuesday, 04 February 2025 …

Mbale, Uganda | THE INDEPENDENT | Taxi drivers in Mbale are protesting a decision by the city council to charge them between 5,000/= and 10,000/= per day for loading and offloading on the streets. The drivers cite limited space in the main taxi parks and concerns over the accountability of previous …

Kampala, Uganda | THE INDEPENDENT | The government has a spending plan that should ensure an average Ugandan earns 1,338.7 US Dollars or 4.9 million shillings per year by the end of 2025/2026. Currently,  the per capita income of Uganda stands at 1,046 dollars (3.85 million shillings) as at the end …

OPINION | Bwanika Mastula | In fiscal policy, systematic indexation of individual tax brackets is crucial for equity and economic stability. As nations grapple with complex taxation systems, regular adjustments to tax brackets in response to inflation and economic shifts are increasingly necessary. A tax band, or tax bracket, is a range …