Day: March 16, 2023

Tax consultants warned against engaging in invoice trading

Tax fraud schemes in Uganda are currently taking on many faces as a means to avoid paying tax. Sadly, the key manipulators in this fraud scheme are tax consultants who are hired to manage the tax affairs of their clients but end up abusing this trust. However, the Uganda Revenue Authority is alert and has …

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40M Shillings of Counterfeit Money Seized in Busia

By Akinyi Winiefred, Media Management with Correspondence from Moses Amwine, Busia Customs Customs officials from Uganda Revenue Authority have seized counterfeit money which was being smuggled into the country via a modern coast bus registration number KDA 155X.  The Ugandan currency notes had been stashed in a conspicuous package that had been declared but later …

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Smuggled cosmetics and Spaghetti recovered in Western Uganda

By Akinyi Winiefred, Media Management with Correspondence by Emmanuel Kabuye, Customs Enforcement Uganda Revenue Authority has recovered 171 cartons of smuggled goods in the areas of Mbarara, Bugango, Kakunyu and Ntura. This recovery followed a focused operation that was launched by the area enforcement teams to purge the region of un-customed goods. Customs officer Emmanuel …

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URA Benchmarks on Voluntary Disclosure Program

By Elizabeth Nakiru and photography by Irene Kabakama, Media Management URA is bench marking on the Voluntary disclosure (VD) program for Automatic Exchange of Information (AEOI) from His Majesty Revenue and Customs (HMRC), United Kingdom technical team. The program’s aim is to give an opportunity to resident persons to voluntarily declare their tax affairs to URA unprompted. HMRC has …

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