Not since the chaotic period year 1995 when Value Added Tax (VAT) was being introduced has the Uganda landscape experienced as much drama as the year 2018.
International Taxation in Uganda is provided for under Part IX of the Income Tax Act.
The Bank of Uganda (BoU) in line with the Monetary Policy Statement of 6th April 2020 issued guidelines to operationalize credit relief and loan restructuring measures for Financial Institutions regulated by the BoU during the COVID-19 pandemic.
The 2020/2021 Tax Bills were issued on 1st April 2020 for Income Tax, Value Added Tax, Excise Duty and Stamp Duty. Notably there is no Proposed Bill for the Tax Procedures Code Act yet.
