The Uganda Revenue Authority has collected UGX 322 billion over its mid-year 2024/25 revenue target of UGX 14,926.85 billion.

Speaking at a Press Conference held at URA headquarters Wednesday morning, the Commissioner General John R. Musinguzi attributed the surplus to compliant taxpayers who paid their taxes diligently.

“I am happy to report that the net revenue collection for the half year completed totalled to UGX 15,248.99 billion and as the tax body, we would like to recognize and appreciate every taxpayer who contributed their fair share of tax that supports the efforts to build the nation,” Musinguzi said.

He explained that the surplus was realized from the Domestic Taxes Department which collected UGX 10,131.57 billion, noting that International taxes fell short of UGX 28.26 billion to hit its target.

Attributes to the revenue collection

Musinguzi said that government policy measures and a conducive business environment led to the growth of the economy allowing the taxman to collect more revenue.

“Effective policy measures passed by the government, and the environment in the economy being a positive one, encouraged the growth of businesses and their related opportunities,” he highlighted.

Other attributes highlighted by Musinguzi include enhanced administrative measures, increased tax training and sensitizations, encouragement of settlement of tax disputes, Data Analytics and the just concluded tax waiver.

He noted that enhanced administrative measures encouraged tax compliancy and payment of arrears thus improving collections in the first half of the 2024/25 financial year.

Measures to be employed in the Second Half of the year

The target for this half year to end the 2024/25 financial year is UGX 16,442.32 billion and Musinguzi highlighted measures which will be employed to mobilize and collect the set revenue target.

The measures include continuous stakeholder engagement and tax education initiatives, improvements in staff accountability to deliver work, the use of technology and data analysis, settlement of tax issues through ADR, and emphasis on the client-centric approach.

“We will handle our taxpayers well with dignity and courtesy, and with the help of God, through the use of technology, intelligence, vigilance, professionalism and dedication, we know and we are certain that we will end the next half of the financial year successfully,” concluded Musinguzi.

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By Kamugisha Kabahweza Allan