Skip to main content

Gov't warned against the new Tax proposals

Alice Alaso addressing a press conference at the ANT head office in Kampala today.{Photo credit - JK}


By Jose Kabale


Kampala -The Alliance for National Transformation (ANT) Political party has advised the government of Uganda to desist from implementing the fresh proposed new set of taxes under the Income Tax Amendment Bill 2024 which was tabled in Parliament last Thursday.

The proposed taxes which were introduced to parliament by the state minister for Finance in charge of General Duties Henry Musasizi, are classified under five sets, which include the.

  • Income Tax Amendment Bill, 2024, 
  • Value Added Tax Amendment Bill, 2024, 
  • Tax Procedures Code Amendment Bill ,2024, 
  • The Exercise Duty Amendment Bill, 2024 and 
  • The Stamp Duty Amendment Bill 2024.

In regard to the Exercise Duty Tax proposal, the government moves to impose a UgShs1230 tax on every gas oil litre, a 1550 UgShs Tax on every paraffin liter, a 5% withholding tax on gains from sale of land in cities and Municipalities, sale of rental property and sale of shares in a private company.

Meanwhile, electric cars manufactured in Uganda will be exempted from taxes just like VAT on hoes, pesticides fertilizers, seedlings and cooking stoves that use ethanol.

The government as well intends to impose an excise duty of 500Ugshs per 50 kgs of cement, adhesive, grout and white cement.

This has sparked a heated argument amongst the citizens, upon which Alice Alaso, accused the government of running out of innovative ideas and now resorting to Exploitative taxation policies which stifle the livelihoods of Ugandans.

According to the National Coordinator for ANT Alice Alaso, such decisions will cause serious implications including a rise in the cost of living in Uganda. 

It's upon this background that Alaso advised the government to deal with what she referred to as a blotted cost of public administration and its sedentary expenditure riding on a shrinking economy.


" This can be addressed by creating savings and this is how we think government can save money from this country, by dealing with a blotted public administration overhead in this country, it's too much....' said Alaso.

Comments

Popular posts from this blog

City Traders engage in a violent brawl during a URA meeting

John Musinguzi, The Commissioner General of URA speaking to Journalists at UMA hall in Lugogo By Joseph Kabale Kampala While as the Commissioner General of the Uganda Revenue Authority (URA) John Musinguzi has evidently done all to establish a rapport between the traders and the tax man (URA), the relationship seems to be deteriorating at every attempt. It's important for the reader to remember that on March 14th, 2024, KACITA leadership held a confidential meeting with the traders after which they disclosed that they had resolved to call for the suspension of EFRIS taxation policy and vowed never to cooperate with URA until all the traders are well sensitized about the same. It's on the above ground that city traders, URA and other stakeholders convened a sensitization meeting at the Uganda Manufacturer's Association (UMA) yesterday purposely to educate the traders about the Value Added Tax (VAT) and the controversial Electronic Fiscal Receipting and Invoicing Solution (EF...

Somalis, Ethiopians South Sudanese and Eritreans being trafficked to Libia through Uganda for organ Harvesting.

  The Ministry of Internal Affairs through the Directorate of the Prevention of Trafficking in Persons has called upon the foreign nationals in Uganda to report all cases of human Trafficking within their communities of residence to their leaders. The Deputy National Coordinator for the Department of Prevention of Trafficking in Persons Derrick Kigenyi B. PHOTO CREDIT- NEWVISION JOSE KABALE KAMPALA This was disclosed by Deputy National Coordinator for the Prevention of Trafficking in Persons Derrick Basalirwa Kigenyi while addressing the weekly press conference at Naguru Police headquarters today.  The Directorate for the Prevention of Trafficking in Persons under the Ministry of Internal Affairs has acknowledged a spike in cases of Trafficking foreign nationals especially the Somalis, Ethiopians, Eritreans, and South Sudanese from Uganda to Lybia under the pretext of seeking employment.  According to Kigenyi, most of the trafficked individuals fall victim of organ harves...

Police warns politicians against politicizing Kabaka Birthday Run

Luke Owesigyire {middle} during a security briefing held at Bulange Mengo today. {Photo credit - Jose K} Jose Kabale Ahead of the Buganda Kabaka Birthday run, an event that precedes his birthday, the security agencies have issued various directives to ensure safety of the participants and the public in general. Being a social - cultural event, the KMP spokesperson Luke Owesigyire deemed it imperative to sound a warning to political opportunists to desist from interfering with the event which is a few hours away. “It's imperative to emphasize that the event is a cultural celebration for the kingdom, and we discourage any attempts to politicization.” Said Owesigyire The Kabaka Birthday Run is a highly anticipated event on the Buganda Kingdom’s calendar as it precedes the celebration of the Kabaka, Ronald Muwenda Mutebi II, birthday which champions noble causes that resonate with the nationals' affairs. Just like the previous year, this year’s theme, “Men against AIDS to save the ...