By Ruth Ainebyoona
In a bid to create a better understanding of the newly proposed tax amendments for this financial year, URA, together with the Uganda Flowers Exporters Association (UFEA), convened an engagement where sector players got to discuss these and address concerns that affect them as tax payers.
While explaining the amendments that apply to the agricultural sector, Owiny Mark Anthony said they are in line with the budget, which is aimed at full monetization of Uganda’s economy, and noted that some are still under review by Parliament, especially those on income tax and the tax procedures code act.
Meanwhile, Esther Nekambi, the Executive Director of UFEA, lauded URA for being a business enabler by helping organizations survive and not die.
“We are really grateful that URA has opened its doors and initiated a working relationship concretized by a Memorandum of Understanding (MOU),” she said.
Kieran Holmes’, the Chief of Party for USAID/Uganda Domestic Revenue Mobilization for Development (DRM4D), congratulated URA and UFEA on the MOU, saying it is key for different organizations to align their interests. He noted that when tax reforms are properly implemented, economic growth is assured for all parties.
The USAID-DRM4D project has supported URA in various activities, including studying the structure and streamlining tax administration, specifically with audit, management, IT, tax education, and communication.
Sectoral engagements between URA and taxpayers are a positive step towards addressing tax administration issues and promoting taxpayer compliance.
According to Josephine Kabyesiza from Stakeholder Relations, URA is leveraging such engagements to understand the challenges facing businesses so as to easily address them.
