In a bid to enable businesses to recover from the economic impact of COVID-19, the Government of Uganda introduced a tax amnesty through a waiver of interest and penalty on outstanding principal tax as at June 30, 2023.
Accordingly, Uganda Revenue Authority has since July 2024 been implementing this waiver of interest and penalty.
To benefit, a taxpayer is required to pay their outstanding principal tax by December 31, 2024 and the waiver will be applied automatically upon payment confirmation.
The amnesty applies to domestic taxes including corporation income tax, individual income tax, rental income tax, pay-as-you-earn withholding tax, value-added tax, local excise duty, lotteries and gaming taxes, and stamp duty.
Taxpayers are encouraged to take advantage of this golden opportunity immediately.
For more information call 0800117000 or 0800217000, email: services@ura.go.ug or WhatsApp: 0772140000.
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URA MANAGEMENT
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