#Stamp Duty

1 article tagged with #Stamp Duty

Parliament Passes Bill Imposing 30% Tax on Second-Hand Clothesbusiness

Parliament Passes Bill Imposing 30% Tax on Second-Hand Clothes

Uganda's Parliament has approved a 30 percent environmental levy on imported second-hand clothes and increased taxes on cement, sugar, and motorcycle registration. While the new laws introduce a tax amnesty for old debts and raise the VAT threshold to Shs300 million to aid small businesses, critics warn the "mivumba" tax will hurt low-income earners.

Andrew Matege