Day: December 29, 2021

COURT OF APPEAL OKAYS URA’S DECISION TO TAX TERMINAL BENEFITS OF UEB FORMER EMPLOYEES.

BY THE TAXMAN Patrick Nyabiryo and 1117 of his former colleagues worked for the defunct Uganda Electricity Board (UEB) before they were retrenched between 1998 and 2001. Their terminal packages of UGX 987,266, 321 were subjected to Pay As You Earn (PAYE) tax, a sum of which was remitted to the Uganda Revenue Authority (URA) …

COURT OF APPEAL OKAYS URA’S DECISION TO TAX TERMINAL BENEFITS OF UEB FORMER EMPLOYEES. Read More »

URA COUNTERING TAX FRAUD IN CREDIT NOTES

BY CHELANGAT SARAH MUZUNGYO There has been growing anxiety in the business community due to a halt in the automated issuance of credit notes. This process has been amended by introducing a requirement for a credit note to be approved by an authorised officer of the Uganda Revenue Authority (URA). As a result, companies whose …

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