Certified Tax Analyst

The world is mine oyster. SDA. 🇺🇬

CPA-FM4617. CTA. ACCA. Passionate about art and personal finance.
Working at Davis & Shirtliff Int'l Ltd.

[Certified Tax Analyst @piusogwall]

MY MISSION.
To provide practical, ethical and value-driven tax and business advisory solutions to organizations.

CORE AREAS:
• Tax Health & Compliance checks
• Tax Planning Advisory
• URA Audit Support
• EFRIS Compliance Assessments
• Business Advisory

[Certified Tax Analyst @piusogwall]

CUSTOMS CLEARANCE
Documents that every importer in Uganda should have.

📄 Commercial Invoice
📦 Packing List
🚢 Bill of Lading / Air Waybill
🌍 Certificate of Origin (where applicable)
📑 Import Permit or Licence (if required)
🧾 Accurate Customs Declaration
💳 Proof of Payment

[Certified Tax Analyst @piusogwall]

THE GROWTH TRAP.

If not managed well, growth can quickly become the business's biggest risk.

Growth demands for:
📊 Better Leadership.
📈 More working capital and cash
📋 Better Tax management & compliance
🛡️Stronger Internal control systems.

[Certified Tax Analyst @piusogwall]

Among many issues, the common issues that keep business owners awake at night include:

• Do we have enough cash to operate?
• Where will we get customers and sales from?
• How will we handle the tax issues?
• Are our controls strong enough to prevent losses?

[Certified Tax Analyst @piusogwall]

A company can report millions in profits and still face cash flow Problems.

Profit is not cash.

Many businesses have failed from running out of cash more often than from lack of profit.

Cash is the life blood of any business and must be monitored closely.

[Certified Tax Analyst @piusogwall]

Hidden Cost of Poor Record Keeping in Business.

Poor record keeping is a business risk that can lead to:
✔ Tax penalties and assessments
✔ Increase Fraud opportunities

Are your record keeping practices protecting your business or exposing it to risk?

[Certified Tax Analyst @piusogwall]

SME's also need regular tax health checks.

Tax issues don't arise overnight, they accumulate over time.

Regular Tax Health Checks help businesses:
• Identify compliance gaps early
• Reduce penalties and interest
• Improve audit readiness

Don't wait for URA before you act.

[Certified Tax Analyst @piusogwall]

Compliance is critical pillar for any sustainable business.

It helps the organization:
✔ Avoid penalties and disputes
✔ Strengthen internal controls
✔ Support long-term growth

A single tax dispute can damage an organization's reputation and strain its finances.

[Certified Tax Analyst @piusogwall]

EFRIS Compliance Challenges

EFRIS has transformed tax administration in Uganda. However, many SMEs continue to experience difficulties adopting the system.

Failure to properly comply with EFRIS requirements may expose businesses to additional tax assessments and penalties.

[Certified Tax Analyst @piusogwall]

Isaiah 59 : 1-2

1. Surely the arm of the LORD is not too short to save, nor his ear too dull to hear.

2. But your iniquities have separated you from your God, because of your sins He has hidden his face from you, so that he will not hear.

[Certified Tax Analyst @piusogwall]

Ezekiel 3:19

But if you do warn the wicked man and he does not turn from his wickedness or from his evil ways, he will die for his sin; but you will have saved yourself.

[Certified Tax Analyst @piusogwall]

Ezekiel 3:18

When I say to a wicked man, 'You will surely die,' and you do not warn him or speak out to dissuade him from his evil ways in order to save his life, that wicked man will die for his sin, and I will hold you accountable for his blood.

[Certified Tax Analyst @piusogwall]

⚠️ URA and Tax Compliance Alert for Businesses & Partnerships ⚠️

If your annual turnover is UGX 500 million or more, tax laws require that you to submit audited financial statements together with your annual income tax return under Section 16(5) of the Tax Procedures Code Act.

[Certified Tax Analyst @piusogwall]

IMPORTANCE OF RECORD KEEPING TO A TAXPAYER.

Apart from being a compliance exercise, proper records provide the strongest defense to taxpayer in a tax dispute.

Even if a taxpayer believes that an assessment is wrong, it's difficult to challenge it without proper documentation.

[Certified Tax Analyst @piusogwall]

The legal position of URA decisions.

[Certified Tax Analyst @piusogwall]

Following a recent Case, Tax Appeals Tribunal (TAT) has ruled that the Uganda Revenue Authority (URA) should allow taxpayers to correct clerical errors made in electronic objection forms before issuing an Objection Decision.

This will be an important procedural safeguard.

[Certified Tax Analyst @piusogwall]

Financial literacy is much more important than a salary raise. Having both is better.

A high salary simply means you are great at creating more value in market place.

Financial literacy helps you keep it and multiply it.

[Certified Tax Analyst @piusogwall]

Taxes don’t have to be stressful.

If you need help with tax filing, compliance, planning, audits, or resolving tax disputes, I’m here to help.

Let’s simplify your tax problems and keep you compliant.

📩 Reach out via DM to get started.

[Certified Tax Analyst @piusogwall]

Never give up. Never ever quit. Life can go from 0 to 100 very quickly.

Things will change when you are consistent and stay your course.
One success will wipe out every failure.

[Certified Tax Analyst @piusogwall]

No one has ever received award for the best wedding. Don't kill yourself with debts.

Don't start your marriage from a disadvantageous point, carrying a financial burden.

Remember, the wedding is a one day event but the real marriage is each and everyday of your life.