URA Funded 71% Of Uganda Budget

The Uganda Revenue Authority (URA) contributed 71% of the national budget in the financial year 2013/2014 from 58% in 2004/2005, outgoing Commissioner General Allen Kagina has said.

URACommissioner General Allen Kagina addresses the media in Kampala yesterday. NET PHOTO
URACommissioner General Allen Kagina addresses the media in Kampala yesterday. NET PHOTO

Kagina, who is stepping down in October after 10 years at the helm of the revenue body was at the annual Uganda Revenue Authority (URA) press briefing in Kampala on Thursday.

Gideon Badagawa, the Executive Director of the Private Sector Foundation, is also seeking for a legislation to ensure that Ugandans venturing into business register their businesses to avoid tax evasion.

Badagawa now says that the bigger the bracket of those paying taxes the less the burden to the already compliant tax payers. He adds that every tax paying Ugandan should be responsible for funding the national budget even up to 90%.

He said that all new businesses under the legislation should be registered for government to know them, their location, how many people they employ, how much they are progressing and others in order for government to help them benefit from different projects.

He said that those dealing in counterfeits are taking the market share of genuine manufacturers that are bringing in high cost products and paying taxes.

1 thought on “URA Funded 71% Of Uganda Budget

  1. Can you imagine if five more institution were functioning like URA? Uganda would be in a better position. Many of civil service men and women are highly paid but no justification for their wages. Ms Allen has left a legacy and should be a challenge to the failed institution. Thank you Allen

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