Tuesday , August 4 2020
Home / Tag Archives: tax

Tag Archives: tax

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

MPs want tax exemption for CCTV cameras

Kampala, Uganda | THE INDEPENDENT  | The proposal is contained in a motion by the Kasambya County MP Mbwatekamwa Gaffa that seeks to urge government to review the tax regime on Closed Circuit Television-CCTV security cameras and automotive tracking devices. Close to 3,000 CCTV cameras planned for Kampala Metropolitan policing …

Read More »

Population data, demographic dividend and tax collection key for Uganda’s economic growth

COMMENT | Ndereya Besi | This week, Uganda plays host to two African conferences. First, the 8th African Population Conference (APC) and the 4th International Conference on tax in Africa. APC is organized in conjunction with National Population Secretariat and supported by the Union of African Population Council in conjunction with United Nations Fund …

Read More »