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The Uganda Revenue Authority (URA) has expanded the scope of its Electronic Fiscal Receipting and Invoicing System (EFRIS) to cover twelve additional sectors, marking one of the most significant tax…
Uganda Revenue Authority (URA) has today launched a countrywide exercise to monitor non-issuance of e-receipts and e-invoices and inconsistent or incorrect supply of goods without digital stamps. In Kampala, the launch was carried out at Capital Shoppers in Ntinda. On November 1, 2019, and January 1, 2021, URA introduced the administrative solution of Digital Tax Solution/Stamps (DTS) and Electronic Fiscal Receipting and Invoicing Solution (EFRIS) respectively, all aimed at improving business efficiency. As a requirement, all VAT registered taxpayers were required to issue e-invoices/e-receipts for all their business transactions through EFRIS in real time and all gazetted products were to…
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#1 Gary Kizito Manager Business Analysis As part of the concept development team, Gary Kizito led a bench marking team which did several studies across East Africa and beyond in order to get much needed lessons and develop a system that was meant to address several tax administrations challenges. He says the EFRIS concept was designed to help taxpayers improve their record keeping, by making sure they don’t pay unfair tax that is being assessed because of absence of records. Gary Kizito is Manager Business Analysis at Uganda Revenue Authority. Kizito has served in different capacities for about 12 years…
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Why did URA introduce e-receipting/invoicing? URA introduced e-receipting and invoicing to address the following challenges: Suppression of sales. Some businesses, especially those that deal in general goods, were avoiding generating receipts and so their actual turnover was not reflecting in their tax returnsNon-issuance of tax receipts/invoicesFalse refund and offset claimsFictitious (Forged) Purchases with no physical movement of goodsMatching of input tax and output tax hence paying minimal Tax liabilityNon- remittance of VAT collectedUnverifiable claims by taxpayers due to loss of recordsLimited access to taxpayers’ records – Some taxpayers selectively provide records for tax administration purposesInvoice trading by dishonest Individuals (employees…
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