By Florence Namuganza. The High Court in Kampala has dismissed with costs an application by the Open Forum Initiative to have rental income tax regulations nullified. The Forum sued the Attorney General and Uganda Revenue Authority (URA) on grounds that the Minister of Finance did not seek approval of parliament while effecting the regulations as …
High Court Dismisses Rental Income Tax Case Against URA Read More »
By The Taxman Globe World Engineering Uganda Limited has suffered a legal setback after the High Court ordered the company to file its appeal to the Tax Appeals Tribunal (TAT) as the first legal forum for tax matters. The company ran to the high court appealing a Value Added Tax and Income tax assessment of …
COURT ORDERS ENGINEERING COMPANY BACK TO TAX TRIBUNAL Read More »
We bring you Uganda’s top taxpayers, revenue administration initiatives to enhance processes and service delivery. Do not miss the nitty gritty of the transfer of motor vehicle registration mandate to the Works Ministry, an insightful feature from the URSB’s Registrar General and so much more!! Click Download for a copy
By Robert Wamala – Supervisor Tax Education –URA Starting December 2021, a purchaser and buyer of land are required to each have a Tax Identification Number (TIN) where the value of the land is UGX 10 Million and above. Below are 10 quick facts to note about the new procedure. What is stamp duty …
10 Facts in new TIN requirement for land transactions above UGX10 million Read More »
Value Added Tax (VAT) is an indirect tax on consumption charged on value-added to taxable supplies at different stages in the chain of distribution. In Uganda, VAT is imposed on the supply of goods and services (taxable supplies) made by a taxable person, other than exempt supplies and imports other than exempt imports. KEY DEFINITIONS …
Reference is made to the ongoing recruitment process to fill various positions within Uganda Revenue Authority (URA) that were advertised in April 2021 and the online assessments that were conducted from 3rd to 5th January, 2022. A total of 30,471 applicants attempted the online assessment while 11,946 did not attempt the assessment. The assessment was …
BY NOUELLA ANASO Effective 1st January 2022, URA started issuing instant Tax Identification Numbers (TINs) to individual taxpayers through an upgraded web-based application form. Taxpayers processing TINs to execute temporary transactions will most benefit from this upgrade. The upgraded web-based application form will only require a valid National Identification Number (NIN) for one to apply …
URA’s INSTANT TAX IDENTIFICATION NUMBERS SET TO BENEFIT INDIVIDUAL TAXPAYERS Read More »