Tag Archives: tax

COMMENTS | Oscord Mark Otile | The recent remarks made by the Permanent Secretary and Secretary to the Treasury, suggesting that Uganda’s tax burden is among the lowest in the region, merits a critical examination. While the statement may hold some statistical truth, it does not accurately reflect the lived realities of …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector has blamed the poor attitude towards compliance with tax obligations on what they call unfriendly tax policies. This comes as the government seeks more ways of encouraging more Ugandans to pay taxes as and when they fall due, and also increasing the …

Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. While appearing before the committee, the State Minister for Finance (General Duties), Henry Musasizi said the tax waivers will …

A progressive tax system would redistributes incomes to the poor while preserving incentives for the rich COMMENT | KAUSHIK BASU | While there are many ways to measure economic inequality, key metrics consistently show that disparities are getting worse. According to a recent United Nations report, 71% of the world’s population …

Kampala, Uganda | THE INDEPENDENT | Tax exemptions on employment incomes of various government officials is costing government 458.9 billion Shillings a year in foregone revenue, as per the year 2022/2023. According to the Tax Expenditure Report for Financial Year 2022/23, a total of 158.56 billion Shillings or just over …

EAC-CET was established to protect the common interests of various partner states by safeguarding specific sectors, and the lack of uniform application Kampala, Uganda | THE INDEPENDENT | Import costs in the East African Community states are expected to remain high under the newly implemented Common External Tariff (CET) as countries …

Masaka, Uganda | THE INDEPENDENT | Students have appealed to the government to consider dropping tax levies on private education institutions and to accelerate the process of providing free sanitary pads to schools. While making submissions before the Education Police Review Commission, during its regional consultation meeting at Masaka Senior Secondary …

NAIROBI, Kenya | Xinhua | Kenyan President William Ruto on Tuesday announced that a national multisectoral forum will be held on July 15 to address issues raised by the country’s youth that sparked three weeks of protests across the country. Ruto said the proposed six-day forum will deliberate on issues …

DAR ES SALAAM, Tanzania | Xinhua | Shop owners in Tanzania’s six regions have shut down their shops and gone on strike over what they termed unfair tax estimations by revenue authorities. The strike by the shop owners began Monday in Kariakoo, a hectic shopping center in the port city …

NAIROBI, Kenya | Xinhua | Kenyan President William Ruto on Wednesday announced that his government had dropped tax hike proposals, which had sparked nationwide protests since June 18 when the financial bill was first made public. Speaking at a news conference in Nairobi, Ruto said his government would institute austerity …