The Independent Uganda: You get the Truth we Pay the Price
Kampala, Uganda | THE INDEPENDENT | Uganda is set to lose more than 500 billion Shillings in tax waivers during the 2019/2020 financial year alone, the Uganda Revenue Authority has indicated. A tax waiver is when a company or an individual engaged in a certain activity where they are supposed to …
Read More »URA registers UGX 700 billion shortfall for half year tax collections
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA)’s collections for the six months from July to December 2019 fell short of the target by at least 697.4 billion shillings. Doris Akol, the commissioner-general, told reporters on Thursday at URA headquarters in Nakawa that the tax body managed to collect …
Read More »Court halts implementation of digital tax stamps
Kampala, Uganda | THE INDEPENDENT | The High Court Commercial Division in Kampala has issued a four-day interim order restraining Uganda Revenue Authority – URA from enforcing the digital tax stamps. The development comes after Muwema and Company Advocates, acting on behalf Sylvester Kamuli went to court challenging the implementation …
Read More »Divisions in Finance over URA money
Top officials clash over budget deficits, new administrative units Kampala, Uganda | JULIUS BUSINGE | The Uganda Revenue Authority (URA) is having a hard time meeting its targets and the fall-out is leading to fights between the tax body, Ministry of Finance technocrats and their political supervisors. The key issues …
Read More »Lato milk row; Museveni opposes vengeance against Kenya
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has opposed plans by some of his officials to reiterate against Kenya for confiscating Lato Milk, a Ugandan brand, produced by Mbarara-based Pearl Dairies Limited. His position comes at the height of a trade war between the two countries, following the confiscation …
Read More »Shs39tn budget concerns
CSOs want government to control debt, increase budget for key social sectors Kampala, Uganda | JULIUS BUSINGE | Civil society organisations under their umbrella body, Civil Society Budget Advocacy Group (CSBAG) have listed a number of concerns that they would like the government to pay attention to as it debates …
Read More »MPs criticize URA over delayed installation of scanners at border points
Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have criticized Uganda Revenue Authority (URA) for slowing down on the installation of scanners at all border entry points. This was during a meeting on Tuesday with officials from URA led by the Commissioner General Doris Akol over …
Read More »UGX 20.4 trillion revenue target is unrealistic -Doris Akol
Kampala, Uganda | THE INDEPENDENT | The Commissioner-General of Uganda Revenue Authority, Doris Akol has said that the 20.4 trillion shillings revenue target for the current financial year 2019/2020 is unrealistic. Akol was on Tuesday appearing before Members of Parliament to explain their financial proposals under the 2020/2021 financial year Budget …
Read More »URA: Abolish OTT, tax mobile data
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) Commissioner General Doris Akol has called for the amendment, and in other cases abolition of several tax laws, including the OTT (Over-the-top media service). She has also called for an amendment of the Tax Procedure Act to allow for installment …
Read More »Companies, businesses expect a better 2020
But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …
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