Uganda Revenue Authority (URA) is to get an additional Shillings 23billion in the coming financial year 2019/2020 budget. This is on top of the authority’s budgetary allocation of 431.26 billion shillings.
PricewaterhouseCoopers (PWC) an audit agency has appealed to parliament to reject government’s proposal that seeks to compel landlords and companies with more than one property to declare income from each asset separately.
Winstone Katushabe, the Commissioner of Transport and Road Safety in the Ministry of Works and Transport says government appreciates the fact that these rates are abnormally high and that it took time to regulate them. He says there are now new measures being developed under an ongoing processes drafted in 2018 to amend the Uganda Transport and Road Safety Act.
Members of Parliament sitting on the Legal and Parliamentary Affairs Committee have recommended for the immediate amendment of the Advocacy Act in view of abolishing pre-entry exams to the Bar Course at Law Development Centre (LDC).
The Private Sector Foundation Uganda (PSFU) together with Uganda Manufacturers Association (UMA) have opposed a renewed government proposal to tax businesses that have been making losses for seven consecutive years.
CSOs under the umbrella group Tax Justice Alliance Uganda demand that the 200 shillings per litre tax is maintained or even increased saying that the reduction in tax will lead to tremendous loss in government revenue.
The funds cover 68 billion shillings for broadband infrastructure and connectivity to tourist sites, 18.5 billion shillings to complete the revamp process at Uganda Broadcasting Corporation (UBC) and 7 billion shillings to the Innovation Fund.