By Sarah M. Chelangat The rental tax regime in Uganda has undergone numerous changes through amendments in the Income Tax Act. These changes are intended to find an acceptable rental tax regime that will increase the revenue collections from the sector as well as eliminate the unfairness caused to individual taxpayers to benefit companies. Prior …
Why we should all embrace the new rental tax regime Read More »
Despite far reaching consequences of smuggling like substandard goods on the market, those engaged in the “game” will hatch all tricks to avoid giving the taxman his dues. Olivia Nakawombe of Budadiri in Sironko district is one the latest culprits. Her profit margin from 131 cartons of Pembe wheat flour was cut short by the …
URA Eastern enforcement teams intercept wheat flour Read More »
By Irene Kabakama Abel Kagumire, the Ag. Commissioner General is willing to support companies in the Petroleum and Mining sector like the Wagagai Mining Limited to ensure their compliance. Speaking at the Wagagai offices in Busia, where he made a courtesy call on Friday, Kagumire said that by focusing on encouraging tax compliance in this …
By Immaculate Wanyenze The lure of easy money often pushes smugglers to engage in risky vices so as to dodge tax. They use porous routes through different border points till they find their way to Kampala. However, with the recently launched country-wide campaign dubbed Operation Fire-Up, all people engaged in illicit activities will be penalized. …
Operation fire up continues to expose tricks of smugglers Read More »
By Immaculate Wanyenze Uganda Revenue Authority(URA) in partnership with Uganda Law Society(ULS) braved the hustle and bustle of Nakawa market as they courted the Nakawa community on their legal rights and tax potential. The engagement was arranged for the traders in Nakawa to interact with them at a personal level on their legal issues ranging …
By Immaculate Wanyenze A Temporary Road License (TRL) is a document usually given to foreigners intending to come into Uganda with their foreign registered vehicles or Ugandans working abroad with valid work permits. These in most cases come from Sudan and Congo. With the TRL, a person is granted a maximum of 90 days and …
URA on the hunt for violators of the Temporary Road Licenses Read More »
By Immaculate Wanyenze It is on record that URA has engaged and educated manufacturers, distributors and other taxpayers to stamp all gazetted products. The 13 products gazetted for digital tax stamps include; Beer, Soda, bottled water, wines, spirits, tobacco products, sugar, cement. Other products are; cooking oil, fruit and vegetable juices, non-alcoholic beverages (kombuchas, teas …
URA continues to hound down non-compliant manufacturers Read More »
By Taxman Writer Small and Medium Enterprises (SMEs) are set to enhance business practices through the enterprise development programme. This initiative was launched recently at Hotel Africana by Uganda Development Bank (UDB), in partnership with Uganda Revenue Authority (URA), Uganda Registration Services Bureau (URSB), Uganda National Bureau of Standards (UNBS), and the Ministry of Trade, …
Government Agencies establish SMEs skilling programme Read More »
By Irene Kabakama URA has cautioned clearing agents and cargo consolidators against smuggling and flouting customs systems and processes. This follows a recent public notice that revoked the Customs Clearing Agency Licence Number 22/2022 for M/S Gruland Logistics LIMITED of TIN: 1015926217 over malpractices and breaching clearance procedures at Entebbe International Airport. During an engagement …
URA to suspend clearing agents that flout systems Read More »
By Irene Kabakama John R. Musinguzi, the Commissioner General (C.G) of URA has asked UPDF officers to join hands with the tax body as it strives to realise revenue for national development. The C.G said this while addressing at a tax education lecture organised at the National Defence College in Jinja. During the lecture, Mr. …
The C.G has rallied UPDF officers in revenue mobilisation Read More »