THE 2025 TAX LAW AMENDMENTS: A STAKEHOLDER’S BRIEFING
On the 25th of March 2025, the amendment bills to the Income Tax Act Cap 338, Value Added Tax Act Cap 344, Stamp Duty Act Cap 339, Excise Duty Act Cap 336, and Tax Procedures Code Act Cap 343 were tabled before Parliament by Honourable Matia Kasaija, Minister of Finance, Planning and Economic Development.
UGANDA REVENUE AUTHORITY CALLS FOR APPLICATIONS FOR EXEMPTION FROM WITHHOLDING TAX AND WITHHOLDING VALUE ADDED TAX FOR 2025/2026
The Uganda Revenue Authority (URA), in a public notice dated Thursday 1st April 2025, invited persons and entities who wish to be considered for exemption from withholding on payments made to them to submit their exemption applications for the period 1st July 2025 to 31st June 2026.
The URA will start receiving applications from the 1st of April 2025 to the 31st of May 2025. Applications are strictly made online.
LEGAL ALERT: URSB DEREGISTERS COMPANIES – IS YOUR BUSINESS AT RISK?
The Uganda Registration Services Bureau (URSB) recently struck-off over 186,000 companies that failed to file their annual returns for more than five years. Under the Companies Act, Cap 110, companies must submit annual returns within 42 days after their Annual General Meeting.
COLLECTIVE EMPLOYEE TERMINATION IN UGANDA AMID FUNDING SUSPENSIONS: ADELICATE BALANCE BETWEEN BUSINESS PRUDENCE & FAIRNESS
IntroductionThe recent suspension of U.S. government funding, following the U.S. Department of State’s directive under the President’s Executive Order on Reevaluating and Realigning United States Foreign Aid, has significantly impacted Uganda’s nonprofit sector. With funding streams abruptly halted, many NGOs are grappling with stalled operations, unpaid salaries, and mounting financial uncertainty. As organizations navigate this […]
Surviving the Storm: Key Legal Considerations for USAID and U.S.-Funded Nonprofits in Uganda Facing Donor Funding Suspensions.
Introduction The recent suspension of donor funding, follow- ing the U.S. Department of State’s directive under the President’s Executive Order on Reevaluating and Realigning United States Foreign Aid, has significantly disrupted Uganda’s nonprofit sector. Effective January 24, 2025, all affected awards have been suspended, halting operations, prohibiting new expenditures, and requiring the cancellation of outstanding […]
STAMP DUTYFREQUENTLY ASKED QUESTIONS?
Stamp Duty is a tax imposed on the legal instruments listed in Schedule 2 of the Stamp Duty Act. A legal instrument means a document by which a right or liability is, or purports to be, created, transferred, limited, extended, extinguished or recorded.
The difference between an employee and a consultant: An analysis of Infectious Diseases Institute v Uganda Revenue Authority Civil Appeal No. 006 of 2022
1. BACKGROUND The Infectious Diseases Institute (IDI) is a company limited by guarantee that researches infectious diseas- es and provides medical assistance to patients suffering from contagious diseases in Uganda. As part of its activities, IDI co-opts specialists to provide specialised support on the research projects it undertakes and such specialists are hired on […]
THE NGO (AMENDMENT) ACT, 2024
Introduction: On 15th July 2024, The President of Uganda assented to the NGO (Amendment) Act, 2024 sparking discussions about its potential impact on the country’s Non-Governmental Organizations (NGOs). The amendment now mainstreams the National Bureau for Non-Governmental Organisations as a government department under the Ministry of Internal Affairs. This amendment is part of the government’s […]
THE 2024 TAX LAW AMENDMENTS:A STAKEHOLDER’S BRIEFING
On the 27 th March 2024, amendment bills to the In-come Tax Act, Value Added Tax Act, Tax Procedures Code Act, Excise Duty Act and Stamp Duty Act were gazetted. This is the first step before the bills are pre-sented for debate in parliament, passed and signed (by the President) into law,
USER’S GUIDE: A LEGAL GUIDE TO UGANDA’S FINANCIAL SECTOR
The financial services sector in Uganda involves the businesses and institutions that manage money and provide intermediary services to transfer and allocate financial capital in an economy. The financial services sector is a service industry and it supports and supplements all other industries but does not (itself) result in an end product such as goods.
