Museveni Declines Assent to Income Tax, Excise Duty Bills
Parliament will have to reconsider two key tax Bills after President Museveni declined to assent to them. It has emerged that Museveni declined to assent to the Income Ta...
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“excise”
UBL Injects Shs1.127 Trillion into Uganda’s Economy
new report by Oxford Economics Africa has revealed that Uganda Breweries Limited (UBL) contributed Shs1.127 trillion to Uganda's economy during 2024 through its operation...
UCC clarifies tax study after social media backlash
UCC Executive Director Nyombi Thembo announced the return of web services Jan. 18, while keeping a temporary ban on social media and messaging apps.Uganda’s communicati...
How new taxes will hit you
Kakira Sugar and other factories petitioned the High courtFor many Ugandans, taxes rarely feel real when they are first announced in Parliament.They feel distant then. Te...
Experts Call for Reduction of Mobile Money Withdrawal Tax
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transactio...
Gov’t deficit lowered in April despite revenue shortfalls
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collectio...
UCC: Starlink Must Comply with Uganda’s Legal, Regulatory Framework
Since it was announced that Starlink had been granted a licence to operate in Uganda, there has been significant debate around what this means for Uganda’s communicatio...
Why MPs approved 30% tax on second-hand clothes: How you'll be affected
Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industrie...
Winners, losers as MPs pass new taxes
Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law t...
Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional reve...