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Tag Archives: taxes

Digital tax reforms contribute to steady growth in URA revenue

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has recorded sustained growth in domestic revenue collections, driven in part by improvements in tax administration and the adoption of digital enforcement tools, according to the 2024/25 Auditor General’s Report. The report shows that total government revenue rose from …

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Car Imports: Dealers fear increased taxes

After years of stability, is Uganda’s car import tax regime about to change? Kampala, Uganda | THE INDEPENDENT | Importing a car into Uganda has remained costly even though most headline vehicle import taxes have not been raised for several years, according to industry players. However, car dealers and clearing agents …

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Trump signs bill on taxes, spending and debt ceiling

NEW YORK, the United States | Xinhua | U.S. President Donald Trump signed his landmark policy bill, the One Big Beautiful Bill, into law on Friday afternoon. The signing ceremony at the White House came a day after the bill was narrowly passed by the House of Representatives on Thursday. …

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Experts warn gov’t on unplanned loans

Kampala, Uganda | THE INDEPENDENT | Experts have urged Uganda to avoid taking loans for which they never prepared and planned, as this distorts growth and development. This comes as the country embarks on what many have termed “ambitious”, a journey to grow the economy from the current 53 Billion …

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REPORT: Americans are spending less due to Trump tariffs

LONDON, UK | Xinhua | Americans are planning to spend less money this summer due to the impact of U.S. President Donald Trump’s trade tariffs, The Independent has said, citing polling, surveys and media reports. In a survey by personal finance company WalletHub, 45 percent of respondents said tariffs are …

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