Nzeyi sold his land in Kitende for Shs 6.5 bn. URA wanted to tax him. Court said “no”

Our Reporter1 week ago06 mins

Businessman Amos Nzeyi has prevailed against the Uganda Revenue Authority (URA) in a dispute over a Shs 1.82 billion tax assessment on income from the sale of land. In a ruling, the Tax Appeals Tribunal declared that the land sold by Nzeyi was not a business asset and is therefore exempt from income tax. The…

Uganda’s tax system is a drain on small businesses: how to set them free

Bbeg Media2 months ago09 mins

Uganda is one of the countries most exposed to recent cuts in international aid, particularly with the dissolution of the US Agency for International Development (USAID). In 2023, about 5% of gross national income – a measure of a country’s total income, including income from foreign sources – was received in aid. The cuts have…