Day: July 15, 2024

Energy sector players urged to tap into consulting expertise

By Kamugisha Kabahweza Allan The URA has urged stakeholders in the energy sector to collaborate with their tax consultants to ensure accurate classification of capital assets utilised in the construction of dams and power lines. Speaking at the Power and Electricity Forum 2024, URA Compliance officer Silas Barasa emphasized the importance of proper asset classification …

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URA recovers 200 cartons of smuggled wheat in Mbale

By Abdullah Rabiiba As Ugandans across the country rushed to deposit their last coins and enter the new financial year free of liabilities, an economic saboteur in Mbale had different plans that involved evading taxes and destabilizing market prices. His plans were, however, doomed from the start, as URA’s enforcement team in Mbale was privy …

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