Month: March 2024

By Kamugisha Kabahweza Allan Uganda Revenue Authority has called on auditors to sensitize their clients on the Automatic Exchange of Information (AEOI) and voluntary disclosure programs. Speaking to the Auditors at the URA headquarters in Nakawa yesterday, Julius Nkwasire ,the Ag. Commissioner Tax Investigation told the auditors to engage their clients on the programs before …

URA sensitizes auditors on Automatic Exchange of Information Read More »

By Akinyi Winiefred Smuggling continues to manifest itself in different ways. In Elegu at Uganda’s border with South Sudan, round-tripping has been singled out as one of the biggest risks to legitimate trade. Round-tripping is where traders take cargo to the destination country, offload, and then trickle the goods back into Uganda until the consolidation …

Smuggled truck heads impounded in Elegu Read More »

By Dismas Nuwaine The Tax Education (TE) Unit put boots on the ground and engaged traders in a door-to-door visitation of traders within Kisekka Market, a hotbed of business activity within the Central Business District (CBD). They aimed at rallying business people to attend today’s workshop, which is intended to bridge knowledge gaps between the …

URA mobilizes traders ahead of capacity building on taxation Read More »

By Annet Nantongo The taxman is set to recover over UGX 660 million from penalties and taxes due from taxpayers who play cat and mouse with URA on the Electronic Fiscal Receipting and Invoicing solution (EFRIS). Since February 2024 to date, URA has so far penalised 110 taxpayers that were discovered flouting the EFRIS system. …

URA to recover more than 600 million from system flouters Read More »

By Joshua Niyonshima The Commissioner General of the Uganda Revenue Authority, John Rujoki Musinguzi and the PSST Ramathan Ggoobi recently met traders under their umbrella body, the Kampala City Traders Association (KACITA) to harmonize the valuation of the importation of used clothes. The meeting held at the KACITA headquarters concluded that the use of a …

KACITA traders engaged on harmonization of customs valuation Read More »

By Irene Kabakama John Musinguzi, the Commissioner General of the URA, has commended the Indian business community for their significant revenue contribution. Speaking at a breakfast meeting organized by the Indian Business Forum at Kabira Country Club on Friday, Musinguzi also thanked their High Commission for the support rendered to the authority in executing its …

Indian Business Community recognized for improved tax compliance Read More »

By Joshua Niyonshima Uganda Revenue Authority together with other government agencies like; Financial Intelligence Authority (FIA), Office of the Director of Public Prosecutions (DPP), Uganda Police, Uganda Wild Life (UWA) and Inspector General of Government(IGG) met at the Mestil Hotel Kampala on Friday to forge ways of eliminating financial crimes in the country. Under the …

URA partners with other agencies to fight against illicit financial flows Read More »

By Dismas Nuwaine URA recently engaged a section of proprietors and overseers of small and medium enterprises (SMEs) at the Protea Hotel under the Young Africa Works (YAW), an intervention whose ultimate goal is to create fulfilling and dignified work for over 300,000 young people in Uganda. The discussion ranged from the formalization of businesses …

Young entrepreneurs tipped on tax compliance Read More »

In a bid to improve taxpayer compliance among traders in downtown Kampala, URA embarked on engagements to enhance their understanding of taxes and related services. The taxman engaged traders in Kisekka Market on their tax obligations relating to domestic taxes and customs. Discussions centred on the usage of the EFRIS system, the basis of assessments, …

URA engages Kisekka market traders to ease tax compliance Read More »