Day: September 20, 2024

Government boosts Agricultural potential through tax incentives

By Joshua Niyonshima In a move to revolutionize Uganda’s agricultural sector, the government has introduced a comprehensive set of tax and non-tax incentives. This initiative aims to modernize farming practices, increase production and transform Uganda into an upper-middle-income country by 2040, as outlined in the national Vision 2040 plan. The Uganda Revenue Authority (URA) has …

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URA takes tax gospel to Market traders

Dismas Nuwaine The URA Tax Education team has engaged spare parts traders operating in the Kiseka Market on several sectoral issues. Prominent in the deliberations were matters on, filing of returns, the pros on the Tax Identification Number (TIN), and the workings of Electronic Fiscal receiving and invoicing Solutions (EFRIS), to which the traders keenly …

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URA simplifies taxation for Agribusiness at CBS PEWOSA Expo

By Kamugisha Kabahweza Allan The Uganda Revenue Authority (URA) recently participated in the CBS PEWOSA Agri-business Expo in Masaka City clarifying tax regulations for the agricultural sector. URA’s Tax Education Supervisor, Robert Lumanyika emphasized the authority’s mandate to collect revenue for public services like roads, healthcare, and education. Lumanyika also highlighted the importance of obtaining …

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URA, IST partner to simplify taxation for Ugandan traders

By Joshua Niyonshima In a bid to promote tax compliance and ease business operations, the Uganda Revenue Authority (URA) has joined forces with the Institute for Social Transformation (IST) and Urgent Action Fund-Africa. Together, they are demystifying the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS) system, benefiting over 12 women markets across five districts.The partnership …

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