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Tag Archives: VAT

Parliament exempts tax on educational materials

Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Value Added (Amendment) Tax Bill, 2019 approving VAT exemption of imported mathematical and geometry sets used in schools. Members of Parliament in a plenary session chaired by Deputy Speaker Jacob Oulanyah approved the Finance Committee report recommendation slightly moving away from …

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Uganda loses 30 to 39% of VAT revenues – Study

Kampala, Uganda | THE INDEPENDENT | Uganda loses between 30 and 39 percent of revenues that should be collected through Value Added Tax (VAT). This is contained in a research paper titled “The Value Added Tax Gap Analysis for Uganda” authored by Economic Policy Research Centre (EPRC) researchers Corti Paul Lakuma …

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VIDEO: New VAT, online challenges for URA and Africa

VIDEO: African Tax administrators have called for the need to strengthen Value Added Tax Administration on the continent to increase tax revenues. Uganda Revenue Authority Commissioner General Doris Akol says improving domestic Revenue Collection, is the only way African tax bodies can combat tax evasion. Akol was speaking during the 17th …

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Magufuli refuses to budge on tourism Value Added Tax

ATC News by Wolfgang H. Thome The battle lines are now clearly drawn in Tanzania between the country’s tourism industry and the government, after President Magufuli told the sector off over their dissent about the Value Added Tax of 18 percent, which was unexpectedly heaped on services across the board, …

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