What is the fate of small business wbere URA has actually frozen accounts over non payment of tax without offering the structured payment option before freezing the accounts.
MUSASIZI PRESENTS REQUEST FOR TAX WAIVERS FOR THREE ENTITIES
Finance Minister, Hon. @henrymusasizi1, today presented a request before the Parliamentary Committee on Finance, Planning and Economic Development seeking tax waivers for three entities facing significant financial and operational challenges:
1. Uganda Printing and Publishing Corporation (UPPC);
2. City Harvest Electrical Installation Supply & Repairs Ltd; and
3. The Diocese of Northern Uganda.
The Minister informed the Committee that the entities had accumulated substantial tax arrears over time and were struggling to meet their tax obligations, with some facing difficulties severe enough to threaten the continuity of their operations.
He explained that the entities had entered into Memorandum of Understanding with the Uganda Revenue Authority @URAuganda to settle their outstanding tax liabilities through installment payment arrangements. However, persistent financial and operational constraints had made it difficult for them to honor the agreed payment schedules.
The Minister attributed these challenges, in part, to delays and difficulties in recovering payments from their clients, including government institutions, which had significantly affected their cash flow and ability to meet their tax obligations.
He appealed to the Chairperson and Members of the Committee to give due consideration to the proposed tax waivers, emphasizing the need to provide relief to the affected entities, safeguard their continued operations and give them an opportunity to recover financially and contribute to the economy.
The Minister also called on the Committee to establish clear, transparent and well-defined criteria for granting tax waivers to struggling businesses and institutions with the potential to recover and operate sustainably.
He emphasized the importance of a structured approach that balances tax compliance with the need to protect viable enterprises, preserve their operations and support economic growth.
Musasizi noted that a well-defined framework would help ensure that tax relief is extended responsibly to deserving entities, particularly those whose recovery and continued operation could deliver broader economic and institutional benefits.
This happened with the chicken business and nothing was done. I personally lost money and even reported to State house untigraft under Edith and sill nothing was done.
Iβve received information that some organization called Hut 8 has cheated our people millions of shillings, especially in Kasese. How does this happen in a country? Who regulates their operations? @GovUganda#Uganda
@UG_confesses Though the stars create a beautiful backdrop has your confessor considered that she is treating a symptom and not cause. If cause is taken care of her idea shall be a Master Piace.
The only thing I wish I could change is how DRAMATICALLY my penis curves. It arches and faces backwards. Like for real. Admin fold your finger. That's how curved my penis is. I am not even sure how my woman got pregnant.
This vehicle impounded at Jinja Bridge after it was found to be illegally modified. Imagine a Toyota Mark X converted into a pickup. Such vehicle modifications are unlawful.
Under the #Arrive#Alive Phase II operations, no stone will be left unturned in enforcing road safety & compliance.
Tumusiime Rushedge - A Ugandan legendary polymath that perhaps few younger people would know. He was a pianist, guitarist, surgeon, writer, humorist, pilot, cartoonist (Ekanya)β¦ He died in 2008.