Revenue Authority-URA is concerned about the increasing non-compliance of
taxpayers in the country.
Speaking during the post-budget conference in Fort Portal Julius Nkwasire the Assistant
Commissioner of Customs said about 7 million people are in business but not
meeting their tax obligations.
According to Nkwasire, the country is still struggling to raise sufficient
revenue for the country which he said had continued to expose Uganda to engage
in external borrowing which comes with strings attached.
He says that URA has put in place measures to expand their tax register, by
rolling out intensive tax education and improving amendments on the income tax
and stamp duty tax.
//Cue in :unregistered traders...
cue out : information sharing"//
Herbert Rusoke, the Assistant Commissioner of Finance at Uganda Revenue Authority,
says that the tax body has introduced new hefty fines that will act as
deterrent measures against business proprietors in the country who are fond of interfering
with digital systems with intentions to evade tax from the URA officials.
we have to take care of the non-compliant taxpayers, if we put digital tracking solutions and you tamper with it you will be forced to pay 1500
currency points of which each is at 20,000 shillings which is equivalent to 30
million shillings,” Rusoke said.
Rusoke said that URA is determined to aggressively roll out a tax-paying
culture to every Ugandan conducting business, and also ensure the introduced
measures yield results in order to finance the 2022/2023 financial year
//cue in: so among the laws...
cue out: who doesn't want to comply"//
Byangwa, the Executive Director of Rwenzori Anti-Corruption Coalition asked URA to
establish a strong collaboration with anti-corruption agencies to fight the
vice of tax evasion.
appreciated Uganda Revenue Authority for coming out to sensitize the public
about the relevance of tax compliance.
ago, eight business people were apprehended in violation of tax laws, in regard
to the failure to pay Value Added Tax (VAT), failure to pay in time or
misinformation, among others.
charged at the rate of 18 per cent on the supply of most goods and
services in the course of business in Uganda. Uganda tax laws require that
Businesses that attract revenues of 150 million Shillings a year register for
VAT, and once registered, a business is expected to charge the tax on every
sale in Uganda.
Although VAT contributes between 3 and 3.5 trillion Shillings in
government revenues a year, URA says taxpayers have continued to evade and
avoid the tax even with newly introduced systems like the Electronic Fiscal
Receipting and Invoicing System for VAT declaration, a system that
ensures that the transaction details and the taxes charged are remitted to URA