Newslex Point News in Uganda, Uganda news
John R. Musinguzi,Commissioner General, Uganda Revenue Authority last year the tax body collectively contributed a net revenue collection of UGX 8 Trillion to the national treasury.
“At URA we believe that reviving our business climate and economy is a collective effort that involves all of us as citizens. For Uganda to attain self-sufficiency, we need to double our Tax to GDP ratio from the current 13% to 26%, a feat that can only be attained when we all join our efforts,” he said.
“On our part, we have devised many initiatives to support you to stay afloat during this Covid-19 pandemic period and to also make it easier for you to meet your tax obligations,”Musinguzi added.
These initiatives include increased stakeholder engagements with various key players to lean on each other’ strength in attaining our nation’s economic sufficiency.
According to URA Boss, tax body embraced the use of technology and data analytics to improve service delivery and to identify qualifying citizens and economic players to make their fair contribution to the revenue kit.
The new technological advancements deployed include the use of Non-Intrusive Inspection (NII) at the borders to facilitate trade and also curb smuggling, automation of most of our services, implementation of Digital Tracking Solution and recently the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) whose enforcement starts at the beginning of next year.
“The DTS and ERIS are tailored, among other many benefits, to improve record keeping for businesses and the collection of Local Excise Duty and VAT respectively. I encourage you dear taxpayers to embrace these technologies and all our existing online services,”Musinguzi explained.
He further noted,”We are also opting for Alternative Dispute Resolution (ADR) to amicably settle tax disputes and reduce on litigation costs for both parties. I encourage taxpayers to embrace the on-going voluntary disclosure avenue by performing thorough tax self-health checks to clean your tax accounts with us without being fined,”
Musinguzi said URA IS equally re-committed to be more efficient and transparent by promoting accountability amongst staff guided by the values of Patriotism, Integrity, and Professionalism.
“We are fully committed to supporting you our taxpayers. I encourage you all to always approach us in case you need any form of assistance. Lastly, I wish to remind all of us to be mindful of the potential spread of Covid-19 during the festive season. Guard yourself and your loved ones at all times by upholding the Standard Operating Procedures (SOPs) which have proven to be a powerful weapon against the pandemic,”he said.
Check also;
- Uganda To Get Oxford-AstraZeneca Covid-19 Vaccine Soon
- A Large Number Of US Doctors, Nurses Are Refusing COVID-19 Vaccine
- Uganda To Receive First Doses Of Covid-19 Vaccine In June 2021
Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.
![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
