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May 2019 5 results
13:55
13:55

MP Nandala Writes Minority Report on Taxing Loss Making Businesses new taxes 1

In his minority report accessed by Uganda Radio Network-URN on the Income Tax (Amendment) Bill, 2019, Nandala opposes the 0.5 percent tax on loss-making businesses after the seventh year.
11:50
11:50

Committee Rejects Proposal Requiring Landlords to File Separate Returns for Properties rental tax 1 Top story

In its report to parliament, the Committee notes that even when the government proposal is intended to streamline the collection of rental tax and reduce revenue loss to government, it will increase the compliance burden on the property owners.
10:43
10:43

MPs Approve Withholding Tax Exemption on Agricultural Supplies 1 Top story

Government imposed the 1 percent withholding tax on people who make a gross payment for agricultural supplies in excess of Shillings 1 million in the current financial year.
07:20
07:20

Parliament Exempts Tax on Educational Materials new taxes 1

The report was presented by the Committee Chairperson Henry Musasizi in which other items like supply of imported crayons, rulers, technical drawings sets, laboratory chemicals and others were also exempted in order to reduce their cost.
07:07
07:07

Parliament Defers Debate on Proposal to Write off UGX 499Bn Tax Arrears 5 1 Top story

The Finance Ministry tabled the Bill before parliament in March this year seeking to amend the Tax Procedures Code Act, 2014 to write off all tax arrears by government as at 30th June 2019. Government also sought to empower the Commissioner General of Uganda Revenue Authority to compound offenses and provide a list of returns filed with her office.
May 2019 5 results