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Tag Archives: ura

Gov’t advised to change tax systems amid low revenue collections

Kampala, Uganda | THE INDEPENDENT | An expert study has recommended that the Uganda Revenue Authority be transformed into a statutory agency with more powers on the policies that govern tax administration. Currently, the URA lies under the direct supervision of the Ministry of Finance, Planning and Economic Development, which is …

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Up to UGX 172 Billion uncollected from vehicle warehouses: URA

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA is finding it difficult to collect up to Shillings 172 billion from used vehicles in bonded warehouses using the current tax administration system. According to the current system, all imported vehicles are required to pay taxes in a period not exceeding 9 …

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URA warns of UGX 4.3 Trillion revenue losses due to budget shortfalls

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) officials have told Members of Parliament that 4.3 trillion Shillings projected revenue is to be foregone due to different unfunded interventions in the coming financial year 2022/2023. Led by John Musinguzi, the Commissioner General, officials from URA on Monday appeared before …

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Dealers protest URA notice on used cars

Kampala, Uganda | THE INDEPENDENT | Second-hand car dealers are pushing for the halt of implementation of the East African single customs territory regulations on the importation of used cars with 9 years or above since the date of manufacturing. As per the URA notice, effective 1st July 2022, there will …

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Boosting tax compliance

Uganda study shows text messages can work | ISABELLE COHEN | Every government needs money to fund its political, social and economic duties. Much of what they spend is generated from taxes, fines and sales of public goods and services. The exchange of these revenues for government services is at …

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Battling illicit trade

Private sector wants government to up game to protect genuine manufacturers Kampala, Uganda | THE INDEPENDENT | Ugandan companies including Unilever, Uganda Breweries Limited and BAT Uganda are carrying out sensitisation workshops countrywide to weed out illicit trade. Joanita Menya Mukasa, the managing director for Unilever Uganda said on March.16 …

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URA lost UGX14Bn due to Katuna border closure

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA lost over fourteen billion shillings in revenue collections owing to the three-year closure of the Uganda-Rwanda border post of Katuna. Rwanda on Monday this week fully reopened its land borders with Uganda. The Rwandan authorities had partially reopened the border on January …

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Katuna border: URA urges Ugandan traders to comply with Rwandan rules

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has strongly advised traders operating along the Uganda-Rwanda border to comply with Rwandan government rules. The warning comes at a time when Rwanda has fully re-opened its land borders with Uganda. The Rwandan authorities partially reopened the border on January 31st, 2022 …

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URA sees better revenue collections a head

The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …

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