Tag Archives: taxpayers

Kampala, Uganda | THE INDEPENDENT l Government is set to pay US$215 million (Sh802 billion) to acquire majority shares of power distributor, Umeme. The move comes as Umeme’s 20 year contract comes to a close in 2025, giving government full control of the power distribution system, marking the end of …

Kampala, Uganda |  THE INDEPENDENT |  More than one-third of the districts in Uganda did not have a compliant taxpayer last year, according to the latest list of compliant taxpayers issued by the Uganda Revenue Authority.   The list has 86 districts chosen from the 125 districts which were in existence five …

Kampala, Uganda | THE INDEPENDENT | The Open Forum Initiative-TOFI has petitioned the High Court Civil Division to quash the Rental Rates (Income) Tax Regulations issued by the Finance Minister, Matia Kasaijja in January this year. Uganda Revenue Authority-URA and Attorney General are respondents to the suit. The not for profit …

Kampala, Uganda |  THE INDEPENDENT | Uganda Revenue Authority – URA says it will waive penalties for taxpayers who will come out to voluntarily declare the taxes that they were supposed to pay but didn’t pay it. The window for voluntary disclosure comes after an amendment of section 66 of the …

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 …

Kampala, Uganda | THE INDEPENDENT | Taxpayers disputing assessments by Uganda Revenue Authority will no longer be required to deposit 30 percent 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 taxpayer …

Kampala, Uganda |  THE INDEPENDENT |  Taxpayers who will want to claim a tax refund from Uganda Revenue Authority – URA will not be allowed if they don’t implement the electronic invoice and receipt system. According to URA, taxpayers have three months up to September 30, 2020, to adjust their systems …

Kampala, Uganda | THE INDEPENDENT  | Uganda Revenue Authority has announced a 14-day grace period for companies and individuals who have submitted fictitious returns to come forward and rectify or they are prosecuted. The grace period runs from November 14, 2019, to December 3, 2019. This comes after URA noticed …

Washington, United States | AFP | Some taxpayers are getting a bitter surprise this year as their usual annual tax refunds have shrunk — or turned into tax bills — even though President Donald Trump loudly promised the largest tax cut “in American history.” And with tax season underway, thousands of unhappy taxpayers have been …