Taxation in Uganda- Page 2

Nile Breweries Ltd in November 2019 launched this Nile Special Stout beer. The company says, the beer is made 99% of Ugandan ingredients- barley and maize, locally grown in Uganda, then malted in Jinja and brewed at the Source of the Nile, using water from the mighty Nile River. The company’s Country Director, David Valencia says, they, between 2019 and 2020 have increased the share of local raw materials in the production process from 74.3% to 93.8% in 2020. Nile Breweries in 2019 spent UGX250 billion in procuring goods and services from suppliers across Uganda and this included UGX52 billion in agriculture inputs from Ugandan farmers, that increased to UGX80 billion in 2020. PHOTO/Courtesy

TAXING LOCAL RAW MATERIALS BEER: Balancing tax appetite with the need for safer alcohol, brewed in a sustainable grain-to-glass value chain

Experts participating in the just-concluded Nile Breweries Economic Forum, have urged the government to maintain a delicate balance between increasing the tax burden on existing compliant taxpayers and the need to build
August 21, 2021
EFRIS enables business operators to record business transactions and share the information with URA in real-time (concurrently), among other benefits. Courtesy photo

EFRIS: Not just a tax compliance tool but a very functional tool for businesses; tax experts speak out

EFRIS— the Electronic Fiscal Receipting and Invoicing Solution is a smart business solution introduced by the Uganda Revenue Authority (URA) to manage the issuance of fiscal documents for purposes of real time
Minister of Lands, Housing and Urban Devlopment, Betty Kamya (Middle), with Faruk Wadha the RippleNami Director of Operations - Africa and Allyn Pon, the Chief Product Officer, RippleNami Inc. Courtesy photo

Government ministries and agencies, warm up to Rental Tax Compliance System by RippleNami Uganda

Heads of Government Ministries and Agencies, working with Uganda Revenue Authority (URA) to implement the Rental Tax Compliance System (rTCS) have hailed the project as a key tool in aiding the government
Joseph O. Okuja is Director | Team Lead, Tax & Regulatory Services at Libra Advocates and Consultants

Voluntary Tax Compliance

By Joseph O. Okuja What way forward…Voluntary tax compliance or Enforced compliance? I would say the options depend on whether, as a taxpayer, you fail to properly comply with obligations under the
May 10, 2021

 

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