URA Collects Shs1 Billion from Kenyan Cement
Uganda Revenue Authority has collected over ShsI billion in taxes from cement imports from Kenya since July 2023.
Uganda Revenue Authority has collected over ShsI billion in taxes from cement imports from Kenya since July 2023.
Coca-Cola Beverages Uganda’s (CCBU) major contribution to the economy and its outstanding commitment to tax compliance and ethical practices has placed the company as the overall winner in the Uganda Revenue Authority (URA) Taxpayers Awards.
A taxpayer can apply for voluntary Value Added Tax (VAT) registration for various reasons. One of the common incidences is that business owners apply for voluntary VAT registration to compete for certain bids.
Value Added Tax (VAT) is a type of tax that targets value addition and it is currently charged at 18% for every value that is added to a good or a service. It is also an indirect consumption tax charged on value-added to taxable supplies at different stages in the chain of distribution.
The Uganda Revenue Authority has revamped the tax ledger register for all taxpayers to improve transparency and compliance in tax collection.
The customs enforcement team in Jinja has impounded six vehicles for conveying uncustomed rice.
Officials from the Tanzania Revenue Authority (TRA) are currently attending a five-day benchmark at the URA headquarters to understand the legal framework of URA’s VAT exemption.
Following the unveiling of the URA web portal, URA has embarked on training stakeholders to enable them to easily navigate the system. The change management commenced a three-day training for tax agents on the enhanced processes in domestic taxes yesterday.
Following intelligence reports, the URA team in Hoima was tipped on a truck that had loaded extra neutral spirit along Kakumiro-Mubende Road. This spot is well-known for such illicit Spirits.
Lwakhakha is a border town located 242 kilometers east of Kampala.