By Silvia Nyambura
Improvement in business growth across the banking, telecom and electricity sectors as well as efficiency in revenue administration intervention has contributed to growth in revenues. This is according to the Uganda Revenue Authority (URA) Commissioner General Doris Akol.
She was addressing a performance briefing in Kampala today where she revealed performance had grown by 100.3 percent against the set target for the period July 2014 to February 2015.
“Net Revenue collection for the 8 month period was recorded at Ushs 6.13 billion against the target of Ushs 6.11 billion. This represents a growth of 18.33 percent compared to the same period last financial year. We attribute this to improved compliance, URA’s improving capabilities to register more tax payers and monitor compliance in a timely manner. Better policy environment has also been a contributing factor,
