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Tag Archives: ura

URA to impose VAT on Facebook, Netflix

Kampala, Uganda | THE INDEPENDENT | To maximize tax collection, Uganda Revenue Authority has established mechanisms to start collecting VAT from non-resident service provider companies operating in the Ugandan economy. Collection of VAT from these companies is starting effective 1st July 2022, and will focus on all electronic service providers. These …

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URA recovers UGX 79Bn from smuggled goods

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has recovered Shillings 79 billion from contraband goods impounded on their way to the country. Julius Nkwasile Mponoka, the Assistant Commissioner in charge of enforcement at URA, says that the commodities were impounded in June 2022 under their operation dubbed “Zabike”. He explained …

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URA opens air cargo control unit at Entebbe Airport

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has unveiled the Air Cargo Control Unit at Entebbe International Airport. Located at the new cargo center, the unit is the central office for officials from URA, Uganda Wildlife Authority-UWA, Aviation Police, Aviation Security, and Uganda Civil Aviation Authority-UCAA. The team leader …

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URA adopts new warehousing policy for used vehicles

Kampala, Uganda | THE INDEPENDENT | Effective July 1st, 2022, used motor vehicles between nine and 12 years from the date of manufacture will be warehoused for a period not exceeding six months unlike in the past when they would take nine months. According to Uganda Revenue Authority-URA, vehicles older than 13 …

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VAT: Supermarkets fail to remit billions to URA

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA has revealed that Value Added Tax (VAT) of more than sh40 billion has not been remitted by different retail businesses since the electronic fiscal receipt invoicing system -EFRIS system was instituted. In the bid to maximize tax mobilization in the …

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URA’s nine-month tax collection hit Shs15.4tn

Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …

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Chinese business community seek clarity on Uganda tax exemptions

Kampala, Uganda | THE INDEPENDENT | Chinese doing business in Uganda have today engaged the Uganda Revenue Authority (URA) seeking clarification on several tax administration concerns, most notably how to get tax exemptions. In the meeting with URA officials, the business community under the Chinese Chamber of Commerce, Uganda SINOCHAM …

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