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Jun 102 results
17:24
17:24

URA Temporarily Suspends New Rules on Import Clearance 1 2 Top story

On Monday, the leadership of Kampala City Traders Association met URA officials where they agreed to suspend the directive until further notice. It was also agreed that all goods that were held up at Mombasa by the revenue body be released and cleared at the Uganda border.
15:59
15:59

Gov’t to Meet Cost Of Digital Tax Stamps for One Year URA Digital stamps 2 1

Uganda Revenue Authority had set November 1 as the deadline for companies to install the stamps, which are expected to combat illicit trade, seal revenue leakages and increase efficiency in managing taxpayer compliance. The tax body single-sourced Swiss Company, SICPA, a worldwide leader of security inks, to provide the technology for the stamps.
12:27
12:27

Landlords to File Separate Tax Returns for Multiple Properties Judy Rugasira

According to the income tax (amendment) bill 2019, which will come into effect on July 1, 2019, a company earning rental income from more than one property, will be required to account for their income and expenses separately.
07:11
07:11

Works Ministry To Handle Vehicle Registration Starting July 4

The ministerial statement for the 2019/2020 indicates that by the end of December 2018, a transition paper for the motor vehicle registration system was prepared following a consultative process between the Ministries of Works, Finance URA, Uganda National Bureau of Standards and Uganda Police Force-UPF.
16:27
16:27

Gov't Proposes Cut on Money Paid to Whistleblowers

According to new suggestions contained in Tax procedures code (TPC) (amendment) bill 2019, the government seeks to reduce the payment to informers to 5% from the 10% it has been paying.
14:53
14:53

Gov't Proposes More Tax Breaks for Investors in Industrial Parks Taxation

According to proposed new tax measures, investors setting facilities in Uganda's industrial parks and those using agriculture raw materials and employing 60% local people will see their tax burden lessened when the new budget takes effect in July.
07:14
07:14

URA Seeks UGX 66bn Additional Funding revenue collection 3 1

Uganda Revenue Authority (URA) has sought for an additional Shillings 66.3 billion to enable domestic tax collections, tax investigations, and recruitment of staff among others.
07:04
07:04

URA Rolls Out Digital Tax Stamps to Combat Smuggling beers and spirits

Tax body is starting with high-risk six products: cigarettes, Beers, wines, spirits, sodas, and mineral water. The digital stamps will apply to both domestic manufacturers and importers.
15:51
15:51

URA Registers UGX 12.1 Trillion Revenue Collection 1 2

Uganda Revenue Authority (URA) has so far registered a revenue collection of Shillings 12.16 trillion in the current financial year 2018/2019, posting a performance of 103 percent and a surplus of 356 billion.
18:49
18:49

URA Issues Tough Guidelines Cargo Consolidators

The consolidators use the approach to lower freight rates for such importers who can’t afford to pay a full container on their own. But the URA commissioner for customs Dicksons Kateshumbwa says that the customs department has endured perennial challenges related to importation and clearance of consolidated imported cargo into Uganda.
20:48
20:48

URA Closes Door For Clearance of 15 Year Old Cars country 1

In a statement released on Monday, Kateshumbwa said only cars that had got URA customs clearance by Sunday will be allowed into the country.
06:54
06:54

URA Closes 12 Businesses in Kabale Over Tax businessman 2 3 Top story

Tonny Stephine Omuka, the Supervisor Debt Collection Legal Department under Uganda Revenue Authority, says the affected businesses have failed to remit Value Added Tax VAT, Income tax and Rental income tax for the last two years.
17:49
17:49

Smile Telecom to Pay Social Media Tax for Customers 3

Felix Owilo the Senior Marketing Manager at Smile Telecom, noted that they opted to pay taxes on behalf of its customers because the new social media tax requires that telecom companies either absorb the costs or extend the burden to the client.
14:14
14:14

Rwenzori Tax Collection Improving- URA president 2

According to John Kiyaga, the Regional Manager Domestic taxes, URA collected Shillings 9 billion from districts in the Rwenzori region in the 2016/17 financial year. He however, says they collected Shillings 12 billion by May this year indicating a 26 percent increase.
11:00
11:00

Taxpayers Urged to Report Corrupt URA Officials 2 3

The commissioner Internal Audit Uganda Revenue Authority Dr. Protazio Begumisa has urged tax payers to report all corrupt URA officials who extort money from them in exchange for services, which are free.
08:37
08:37

Court Blocks Fort Portal Street Parking Contract donation 1 1

The proprietor of Globe world Engineering Uganda Limited Joseph Kizza dragged the municipal council to court for contravention of their agreement by failing to remit the companys Valued Added Tax amounting to 3.2 million Shillings.
12:18
12:18

Parallels in Rental, Property Tax Stir Controversy 5 1

The two initiatives have evoked anger among Ugandans, most looking at it as a basis for double taxation. But tax experts have refuted the fears saying that although both taxes are largely derived from assumed or actual incomes from properties, the property tax by KCCA and local governments is much wider than URAs rental tax scope.
14:52
14:52

Local Govts Sue URA over VAT Remittances funding gaps 1

Led by Jude Mbabaali, the Masaka LCV Chairman and Muhammad Kateregga of Bukomansimbi district, the local leaders are accusing Uganda Revenue Authority of failing to remit the Value Added Tax contributions to local governments across the country.
07:01
07:01

Trade Minister to Assist Former Nakumatt Staff to Access SACCO Records sacco money 1

The petitioners claim that Nakumatt Uganda Limited registered a saving and credit society in 2009. The company would deduct a certain amount from each of the employees every month for savings.
10:41
10:41

SGS On The Spot Over Royalties 1 3

While appearing before the Committee, Christophe Dubois, the SGS Uganda Country Manager, said they had only paid the Shillings 421 million in VAT and withheld the Shillings 237 million for royalties since they were not familiar with the government regulations on the same.
Jun 102 results