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Tag Archives: VAT

Kasaija slaps tax on imported agricultural products

  Kampala, Uganda | THE INDEPENDENT | The government has slapped taxes on imported agricultural products. In the 2020/21 budget, Matia Kasaija, the Minister of Finance said he seeks to promote import substitution and develop local industries. He said the government has increased import duties on goods that are produced …

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Experts welcome tax waiver on agricultural inputs

Kampala, Uganda | THE INDEPENDENT | The move by the government to waive taxes on most agriculture products has been welcomed as a positive step. Finance Minister Matia Kasaija is expected to announce the removal of the 18 percent value-added tax (VAT) on all the tools used in the garden …

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Gas, processed milk to be exempted from taxes

Kampala, Uganda | THE INDEPENDENT | The government will on Thursday announce the removal of Value Added Taxes on various products including liquefied petroleum gas (LPG) and the processed milk. The announcement is one of the measures contained in the 2020/21 financial year budget with an aim to boost the …

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Parliament exempts islamic development bank, agricultural implements from VAT

Kampala, Uganda |  THE INDEPENDENT | Parliament has resolved to exempt the Islamic Development Bank and a number of agricultural implements from taxes. Parliament resolved this on Wednesday during debate on the Value Added Tax (Amendment) Bill, 2020. The Legislators scrapped VAT on combine harvester, agricultural trailers, tractor mounted Hay mowers, …

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Kenya slaps tax on Ugandan milk

Kampala, Uganda | THE INDEPENDENT  |  Ugandan milk crossing over to Kenya will be charged 16% Value Added Tax (VAT) as a measure to protect their local market. This week, Kenyan officials were in Uganda for a verification exercise to see whether the glut of milk entering their country was actually …

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Rwanda scraps tax on sanitary pads to aid poor girls

Kigali, Rwanda | AFP | Rwanda announced Wednesday it was scrapping an 18 percent value added tax on sanitary pads to make them cheaper for girls who are often forced to skip school during their periods. The country becomes the latest to drop the controversial tax which has increasingly infuriated women …

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URA cancels VAT Registration for 1693 ineligible taxpayers

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has effective 31st October 2019 cancelled Value Added Tax (VAT) registration of 1,693  taxpayers.  The 1,693 taxpayers have been relived of the duty to charge VAT on their supplies. URA has mainly targeted taxpayers who do not file monthly returns, or …

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President Museveni blasts URA over VAT refund delays to manufacturers

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has used the Uganda Manufacturers’ Association (UMA) exhibition to blast the Uganda Revenue Authority (URA) leadership for not being forthcoming on the needs of the manufacturers. Museveni, who officially opened the show at Lugogo on Monday, first entered a closed …

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MPs want palm oil project agreement re-negotiated

Kampala, Uganda | THE INDEPENDENT |  The Public Accounts Committee (PAC) has directed Finance Ministry to start the process of renegotiating an agreement with an Edible Oil Refinery company-which is in the country to develop the palm oil industry. Government through the Finance Ministry in 2003 entered an agreement with the …

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