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Govt introduces six tax policy measures to increase domestic revenue to fund budget

“Introduce an export levy of 7 per cent on the value of fish maw exports, Impose an export levy of 5 per cent and 10 per cent on processed and unprocessed gold and other minerals respectively,”. ....

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Lugoloobi's budget - FULL SPEECH

Lugoloobi s budget - FULL SPEECH
Thursday June 10 2021
State minister for planning, Amos Lugoloobi pictured at Kololo ahead of budget reading on June 10, 2021. PHOTO/ PARLIAMENT
Summary
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Speaker Jacob Oulanyah informs the House that Hon Amos Lugoloobi will present the budget on behalf of the President.
Hon Amos Lugoloobi has just been appointed as State Minister for Finance awaiting vetting by the Appointments Committee.
Uganda’s per capita income is increasing steadily. In Financial Year 2015/16 it was US$ 808 and is projected to increase to US$ 932 in Financial Year 2020/21.
Coffee remains the leading agricultural export earning US$ 497.4 million in the Financial Year 2019/20. Dairy exports fetched US$ 204.5 million, while Tea exports earned US$ 71 million in Financial Year 2019/20. ....

Mbarara District , Amuru District , Katakwi District , Provincia De Bioko Norte , Equatorial Guinea , Fort Portal , Kilembe Mines , Republic Of Uganda , Jacob Oulanyah , Amos Lugoloobi , Monitorupdates Knowyourbudget , Emyooga Saccos , Kabarole Agro , Innovation Programme , Entebbe International Airport , Petroleum Fund , Sewerage Corporation , Gulu Metre Gauge Railway , Worldwide Fund For Nature , Electronic Court Case Management Information System , Medium Enterprises , National Output , National Content , Human Capital Development , Youth Livelihood Programme , Digital Terrestrial Television ,

How taxes changes will affect small businesses

As part of its revenue mobilisation strategy, the government has shifted its focus towards widening the tax base, especially through use of technology ....

Kampala Capital City , Kampala Capital City Authority , Amendment Bills , Electronic Fiscal Invoicing , Receipting System , Value Added Tax , Digital Tax Stamps , Tax Identification Numbers , Small Businesses , Tax Identification Numbers , கம்பாலா மூலதனம் நகரம் , கம்பாலா மூலதனம் நகரம் அதிகாரம் , திருத்தம் பில்கள் , மின்னணு நிதி விலைப்பட்டியல் , மதிப்பு வரி , டிஜிட்டல் வரி முத்திரைகள் , வரி அடையாளம் எண்கள் , சிறிய வணிகங்கள் ,

Shs710b in rental tax uncollected annually

Shs710b in rental tax uncollected annually
Friday May 28 2021
Summary
Speaking during the Tax Forum CEO Breakfast meeting in Kampala, Ms Connolly-LaBelle, said about 92 per cent of rental income is not taxed, which denies government close to Shs710b.
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Only 8 per cent of rental tax is collected, which leaves the larger majority of rental income untax, according to Ms Jaye Connolly-LaBelle, the RippleNami chairperson and chief executive officer.
Speaking during the Tax Forum CEO Breakfast meeting in Kampala, Ms Connolly-LaBelle, said about 92 per cent of rental income is not taxed, which denies government close to Shs710b.
Ms Connolly-LaBelle, whose company signed a contract with government last year to develop technology through which collection of rental tax can be maximised, did not explain how she had arrived at the figure. ....

Patronella Namubiru , Jaye Connolly , Ismail Musa Ladu , Uganda Revenue Authority , Tax Forum , Ismail Musa , Rental Tax Compliance System , Gross Domestic , Income Tax Amendment Bill , Digital Tax Stamps , Electronic Fiscal Receipting , Invoicing System , Revenue Authority , Rental Income Tax , Rental Tax , ஜெயே இணை , இஸ்மாயில் மூசா லாது , உகந்த வருவாய் அதிகாரம் , வரி மன்றம் , இஸ்மாயில் மூசா , வாடகை வரி இணக்கம் அமைப்பு , மொத்த உள்நாட்டு , வருமானம் வரி திருத்தம் ர சி து , டிஜிட்டல் வரி முத்திரைகள் , விலைப்பட்டியல் அமைப்பு , வருவாய் அதிகாரம் ,

2021/22 Budget: New taxes will deepen burden on tax payers

Daily Monitor
Tuesday May 25 2021
A customer uses a visa card to complete a transaction online. Online businesses will have to incur more costs due to the new 12 per cent levy on data bundles in the next financial year. PHOTO/ FILE
Summary
Tax burden. Beginning July 01, Internet users, motorists and consumers of both alcoholic and non-alcoholic beverages will be required to dig deeper into their pockets to fund the national budget’s expenditure after Parliament on April 30th endorsed a range of government’s proposed taxes in a frantic move to raise revenue to fund its expenditure.
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The two arms of government the Executive and Parliament, should be more mindful about their actions, particularly when dealing with touchy issues of taxation, given its implication on the cost of doing business, the economy and livelihoods. ....

Mbarara District , John Walugembe , Ismail Musa Ladu , Zuriat Nakayenga , Julius Mukunda , Medium Sized Enterprises , Federation Of Small , Civil Society Budget Advocacy Group , Global Taxation Services Ltd , Members Of Parliament , Ismail Musa , Excise Duty Amendment Bill , Road Safety Act , Stamp Duty , External Trade , Added Tax , Sub Saharan Africa , Digital Tax Stamps , Y2021 22 Budget , Tax Payers , Albert Beine , இஸ்மாயில் மூசா லாது , ஜூலியஸ் முகுந்தா , நடுத்தர அளவு நிறுவனங்கள் , கூட்டமைப்பு ஆஃப் சிறிய , உலகளாவிய வரிவிதிப்பு சேவைகள் லிமிடெட் ,