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TodayWednesday, April 29, 2026

Tax

The repeal of certain incentives to industrial investors outside Kampala industrial hubs such as the Kampala Industrial Business Park (KIBP) in Namanve above, could slow down the spread of industrialisation across the country and hurt jobs creation.

Income Tax(Amendment) Act 2023: Repeal of investment incentives could hamper industrialisation and job creation efforts

The Income Tax(Amendment) Act 2023 has repealed Section 27A of the Principal Act which provided for initial allowances as a fiscal policy geared at enabling investors in industrialisation and manufacturing to recover
August 28, 2023
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Cephas Birungyi, Founding Managing Partner of Birungyi, Barata & Associates, describes the current Tax Appeals Tribunal as 'a real breath of fresh air,' commending its ability to handle about 60 matters a week—up from just a quarter of that previously. He also praises the Tribunal’s exemplary timekeeping, stating, 'No government entity, apart from the Driving Permit Office, beats them in timekeeping."

TAX OPINION: The proposed tax on the sale of property in The Income Tax Bill 2023 is too extreme 

The Income Tax Bill published on 30th March 2023 is spectacular in that it attempts to make dramatic reforms in tax. Apart from doing away with the incentive for investors called initial
April 3, 2023
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