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Uganda Seeking To Foster Tax Compliance

by Lorys Charalambous, Tax-News.com, Cyprus

18 August 2015


Changes introduced in the 2015/16 will simplify compliance for small businesses in Uganda, the tax agency has said.

At a recent event, Uganda Revenue Authority Assistant Commissioner Jolly Kaguhangire said that the Government hopes to improve compliance rates, including by tackling the informal sector, by supporting businesses to comply with their obligations.

Kaguhangire pointed out that small businesses with a gross turnover of up to UGX150m (USD42,200) – increased from UGX50m – will pay a flat rate of presumptive tax annually, without being required to have tax identification numbers or file returns to URA.

She disclosed that the URA is also working with various government agencies to devise other ways to assist small businesses. In the meantime, Kaguhangire urged small traders to visit offices of the URA and seek help on how to comply, adding that, in October this year, there are plans for tax officials to make direct visits to their shops.

TAGS: individuals | artisans | compliance | tax | small business | business | tax compliance | corporation tax | tax authority | Uganda

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