By Immaculate Wanyenze Last week on Thursday 10th August 2023 at 5:00am, it was business un usual in bugango as the customs team in the region seized smuggled cosmetics from notorious smugglers. “We have been playing the chess game of smuggling speculation, carefully collecting puzzle pieces of intel for over a week until we pounced into …
Operation Intel “sweeps” smuggled assorted items in Bugango Read More »
Following continuous reports of a business man sourcing hides in the districts of Namayingo and Busia for a lucrative market in Nigeria. The URA enforcement team in Busia embarked on strategies to net him. Unknown of the watchful eye of the Taxman, the culprits went ahead to load their merchandise, processed export documentation and headed …
URA impounds 20 tons of un processed cow hides and skin Read More »
William Wambedde [not real names] had continuously been stocking smuggled wheat flour in his shop in Muyembe town without being caught. Last Friday, he could not continue with the same habit. Wambedde was trailed all the way from Bukwo and at around 4:00am, he was caught at his home in Muyembe, Mbale district. In order …
By Lambert B. Rusoke Uganda and South Africa are set to start the implementation of the Authorized Economic Operator (AEO) Mutual Recognition Agreement (MRA) that was signed early this year. This comes after the two countries concluded a joint AEO process validation exercise, with a delegation from the South African Revenue Service (SARS) conducting a …
Ugandans to benefit from trade agreement with South Africa Read More »
By Joshua Niyonshima In light of the increased revenue target for the financial year 2023–24, URA has stepped up its collaborations with different stakeholders to ensure tax compliance and citizen buy-in. It is against this background that the tax body held a half-day engagement with parish chiefs from the five divisions of Kampala over the …
URA enlists the Support of Parish chiefs to grow collections Read More »
By Charlene Rwemereza and Patrick Lumumba Okello A team from URA ‘s Staff Compliance Division recently visited the Kenya Revenue Authority to benchmark their investigations and lifestyle audit processes. During the engagement, David Yego, the Commissioner Intelligence, Strategic Operations Investigations and Enforcement, KRA called for an increased exchange of information and knowledge with URA. According …
URA and KRA agree to cooperate in investigations Read More »
The deemed VAT provisions were inserted in the law to support the fundamentals of Uganda’s Economy as explained below. Table 1: Rationale for the deemed VAT Provision Sn Provision of the Law Beneficiary Rationale 1. Section 24(5) of the VAT Act Inserted by VAT (Am) Act of 2015 Licensee undertaking mining or petroleum operations The …
By Jacinta Obore Mirembe URA has step up its oversight of the use of Digital Tax Stamps to boost compliance and aid alcohol producers in the fight against counterfeit drinks and the sale of illegal beverages, which they say has led to unfair competition. This decision was reached at a recent meeting between the taxman …
URA joins efforts to clean up the alcohol industry Read More »
By Kabahweza Kamugisha Allan In a meeting held recently, John R. Musinguzi, the Commissioner General of URA cautioned car importers against altering with the year of manufacture on imported motor vehicles. Musinguzi’s advise follows the impounding of several vehicles whose year of production had been altered by some car importers to get around the limitation …
By Joshua Niyonshima URA together with other MDAs recently met with key players in the mining and petroleum sectors to discuss compliance and strength their working relationship. During the meeting, mine owners were urged to contribute their fair share of taxes, especially in light of the increased collection target. “Tax collection targets from this sector …