FY2021/2022 Budget Archives

Real estate business at a glance in the eyes of the Ugandan budget fiscal year 2021/2022

CEO ReporterThought LeadershipJune 21, 2021June 22, 2021

By CPA David Kiwanuka Section 5 of the Income Tax Act has been amended to include a new subsection 2a. This new subsection provides that: “A person who during a…

2021/2022 BUDGET: Govt scraps OTT, introduces new taxes on airtime, data, rental income

CEO ReporterFinance The Big StoryJune 10, 2021June 10, 2021

The government of Uganda has announced the introduction of new taxes so as to shore up revenues that will finance the new budget for Financial Year 2021/2022. Amos Lugoloobi, the…

Each MP to get UGX200m, Down from UGX321m for Brand new car

Thembo Kahungu MisairiThe Big StoryApril 27, 2021April 27, 2021

Government has cut by UGX121 million the amount of money the Parliamentary Commission had requested in its budget for the Financial Year 2021/2022 to purchase new cars for Members of…

Cash-strapped Kasaija, trims 2021/22 budget by UGX4.36 trillion; plans to raid Petroleum Fund for UGX200 billion to patch holes in his pockets

Thembo Kahungu MisairiThe Big StoryApril 19, 2021April 19, 2021

Uganda’s Ministry of Finance, Planning and Economic Development (MoFPED) has trimmed down government planned expenditure for the Financial Year 2021/22 by at least UGX4.36 trillion, indicating anticipated failure to meet…