What is Alternative Dispute Resolution (ADR)? ADR means a voluntary facilitated process of settling disputes between a Taxpayer and the Commissioner where the T...
In Uganda, majority of businesses are categorized as Small Businesses. Many Small business owners are sole proprietors with inadequate skills of managing such b...
DEFINITION OF KEY TERMS Rental Income is the Total amount of rent derived by a person for the year of income from the lease of immovable property (land and or b...
Authorized Economic Operator program is a trade facilitation initiative derived from the World Customs Organization Safe Framework of Standards which Uganda Rev...
What is Rental Income? This is the total amount of money earned by a person from renting out of immovable property (land and or buildings) for the year of incom...
What is Value Added Tax ( VAT) VAT is an indirect tax on consumption charged on value added to goods and services at different stages in the chain of production...
What does transport sector consist of for tax purposes? The transport sector in Uganda puts more emphasis on passenger and goods vehicles for tax purposes. Add ...
What is wholesale trade? Wholesale trade is the buying of goods in large quantities usually from manufacturers or distributors and selling them to the retailer ...
What is exempt income under the Income Tax Act? Exempt income is any amount received in money or in kind from various sources that is not subject to income ta...
This is a person who lets out immovable property (land and or buildings) to another person (the tenant) for a payment. A person may take the form of: an individ...
A company is defined as a body of persons corporate or unincorporated, whether created or recognized under the law in force in Uganda or elsewhere and includes ...
Cargo consolidation, also known as cargo groupage, refers to the process of combining and bundling multiple small (cargo) shipments from different shippers, con...
This is a process of taking goods and services from Uganda to a foreign country. This process is subdivided into the two (2) categories below; Intra Region Carg...
17:04:36The income tax rate for individuals depends on the income bracket in which the individual falls. Resident individuals enjoy a tax-free annual income thr...
This is a person who is contracted to manage property on behalf of the owner. A property manager has the responsibility of looking after a property e.g. a build...
Gambling is any activity where a person pays or stakes money or something of value for the chance to win money, prizes, or other rewards. Betting is where peopl...
Voluntary disclosure is a process where the taxpayer discloses information related to tax liabilities, misstatements or omissions his or her tax declarations to...