TAXATION OF CAPITAL GAINS
Capital gains are profits from the disposal of a business asset, the sale of shares, or commercial buildings. This excludes trading stock and depreciable assets...
Tax Education
TAXATION OF CAPITAL GAINS
Manufacturing of Tangible products
Tangible goods can be defined as any item that they can usually, or to some degree, be visible or seen, touched, weighed, measured smelled, or tasted, The scope...
Manufacturing of Tangible products
AGRO PROCESSING INDUSTRY
Agro processing is a sub sector of manufacturing that uses agriculture products as raw materials and processes them into finished products. Â The agro-processin...
AGRO PROCESSING INDUSTRY
Warehousing of Goods
This is a customs regime which allows taxpayers to store goods in a customs bonded warehouse pending payment of taxes, exportation or re exportation and other c...
Warehousing of Goods
Customs Systems Overview
Imports and Exports also known as Customs systems.
Customs Systems Overview
Business Records
A business record is a document that shows transactions that a business has carried out in a given period.
Business Records
Customs Offences
What is a customs offence? A Customs offence is any breach or attempted breach of the statutory or regulatory provisions which are provided for in the East Af...
Customs Offences
MANUFACTURING SECTOR
Manufacturing is the process of turning raw materials or parts into finished goods through the use of tools, human labour, machinery, and chemical processing. A...
MANUFACTURING SECTOR
Overview of the Health and Medical Sector
HEALTH AND MEDICAL SECTOR Uganda’s health system comprises of government/public health facilities, mission founded and privately-owned providers as well as co...
Overview of the Health and Medical Sector
Advance Income Tax on the Transport Sector
The government introduced the advance tax on transport to simplify tax payments for those in the transport sector, increase revenue for road construction and ma...
Advance Income Tax on the Transport Sector
Business Formalisation
What is a Formal Business? A formal business is one that has registered with Uganda Registration Services Bureau (URBS) and obtained a business or company name;...
Business Formalisation
TEXTILE PROCESSING INDUSTRY
Textile processing is process of turning and transforming raw materials into threads to create fabrics and garments through manufacturing, weaving, knitting, or...
TEXTILE PROCESSING INDUSTRY
Who is a property developer?
Who is a property developer? This is a person who buys, builds or renovates existing properties for sale. A property developer can be an individual, a company, ...
Who is a property developer?
Who is a land dealer?
This is a person who acquires land for resale and sells it as is.
Who is a land dealer?
TRANSPORT SECTOR – GOODS VEHICLES
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 ...
TRANSPORT SECTOR – GOODS VEHICLES
Small Business
This is a business whose total sales does not exceed Ugx 150,000,000 in a given year. However, for tax purposes, URA considers businesses with sales in excess o...
Small Business
Pharmacy and drug shops
AÂ pharmacy is a dedicated store where all the prescribed and compounded medications are sold. A pharmacy only dispenses drugs upon prescription and must be don...
Pharmacy and drug shops
Hospitals, Medical Centers and Clinics
A hospital is a healthcare facility built, staffed, and equipped to provide medical and nursing care as well as medical supplies to patients. Uganda’s health ...
Hospitals, Medical Centers and Clinics
