URA Honours Vivo Energy for Being a Top Revenue Generator
Uganda Revenue Authority has named Vivo Energy Uganda, which markets and distributes Shell fuels and lubricants, as the "Top Revenue Generating Authorized Economic Operator (AEO)".
Uganda Revenue Authority has named Vivo Energy Uganda, which markets and distributes Shell fuels and lubricants, as the "Top Revenue Generating Authorized Economic Operator (AEO)".
The Uganda Revenue Authority (URA) has reviewed its earlier directive to remove motor vehicles dating nine years old or more from the warehousing regime to adopting a one-year reduction approach on warehousing regime for these motor vehicles.
By Robert Wamala
Starting December 2021, a purchaser and buyer of land are required to each have a Tax Identification Number (TIN) where the value of the land is UGX 10 Million and above.
Below are 10 quick facts to note about the new procedure.
Uganda Revenue Authority (URA) is no longer in charge of motor vehicle registration after handing over the function to the ministry of works and transport.
Uganda Revenue Authority (URA) has launched a nationwide campaign to enforce the use of e-receipts and e-invoices.
Uganda Revenue Authority (URA) recorded collection growth of 9.57 percent year-over-year in the first quarter of FY2021/22, picking up net revenue of Shs4.459 trillion.
In nominal terms, according to the Authority, this reflects growth in revenue of Shs389.47 billion.
Uganda Revenue Authority has acquired 27 baggage and cargo scanners to strengthen inspection of imports, exports and also address security controls at the different border points throughout the country.