Stanbic Bank Uganda won the award for Best Client Service Bank 2024 during a high-profile gala event during a recently hosted by the Uganda Revenue Authority (URA) in Kampala. The country’s largest financial institution and the anchor subsidiary of Stanbic Uganda Holdings Limited, was also the recipient of the ‘Innovation Award’, specifically for the impact of the FlexiPay digital platform….
Ibrahim Bbossa It is important for anyone in Uganda’s entertainment industry to understand their tax obligations. This includes artists, musicians, and writers who are required to pay taxes on their…
Despite the fact that the global economy is undergoing a sharper-than-expected slowdown amidst lingering fears of a recession, Uganda Revenue Authority (URA) reported that net revenue collections for the nine…
Uganda Revenue Authority (URA) is to consider mechanisms of relaxing import clearance procedures to facilitate trade and support importers. This follows a recent meeting between URA’s Commissioner General, John Musinguzi,…
Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution, has released its Quarter Three (Q3) of 2022 results highlighting solid growth as the Bank continues to facilitate economic…
It is that time of the year again, when Uganda Revenue Authority (URA) gets to acknowledging and appreciate taxpayers through a series of activities. “In recent years URA has implemented…
Uganda Revenue Authority (URA) during the Q1 FY2020/21 (July to September 2020), took in UGX 4,070.3 billion in tax revenue, against a target of UGX 2,999.8 billion. This is 135.7…
Uganda’s main electricity distribution company Umeme Limited has won a landmark case in the Tax Appeals Tribunal, which ruled that Umeme was entitled to claim depreciation allowance in respect of…
Uganda National Bureau of Standard-UNBS has announced plans to phase out the use of quality marks and introduce distinctive marks on digital stamps. UNBS Deputy Executive Director, Paul Musimami revealed…
Uganda Revenue Authority has in the last 3 months, won thirteen tax suits worth UGX103,345,211,794 in the Tax Appeals Tribunal. The rulings that were made between March and May 2020…
