MPs waive stamp duty on agreements, impose new tax on hides and skins exports
Parliament has passed the Stamp Duty (Amendment) Bill, 2025 introducing a “near-duty” classification and effectively scrapping the longstanding Shs15,000 duty on agreements and mortgage deeds. The Stamp Duty (Amendment) Bill, 2025 and the Hides and Skins Export Duty (Amendment) Bill, 2025 were passed on Wednesday 14 May 2025 providing far-reaching implications for access to credit…