KAMPALA, UGANDA – With donors announcing that they are cutting budgetary support to Uganda, the revenue collection target that was set for Uganda Revenue Authority (URA) during the reading of the 2012/13 budget has been revised.
The original collection target set in June 2012 has been revised with the tax body tasked to collect an additional Ush34b in the FY2012/13 on top of the 7.2 trillion.
The new target of about Ush7.3 trillion is meant to cover part of the void that will be created as a result of the suspension of aid to the country following the unearthing of alleged mismanagement of funds at the Office of the Prime Minister.
“We now have a new target and as a result we have to spread it out across the remaining months which began in November. We have to collect an additional Ush34b,” said Ms. Sarah Banage, the URA Corporate Affairs Commissioner while announcing the revenue performance for the month of November last week in Kampala.
Sirajji Kanyesigye, the Manager Medium Tax Payers said that the tax body will as a result increase sensitization of tax payers and also close all loopholes so as to enable the tax body meet the new target.
“From the domestic tax perspective, we know internally definitely there’s capacity to collect this money and we have the tax payers. We are doing a lot of audits to ensure that people pay what they owe to us and for those who have not submitted their income statements we shall estimate and make them clear,” he said.
Denmark recently joined the UK and Ireland in suspending development aid to Uganda following the Auditor General’s findings of alleged theft of money in the Prime Minister’s office. According to the Auditor General report on financial impropriety in the OPM, Denmark had pledged to contribute Shs2 b in the PRDP fund for Northern Uganda this year alone.
Earlier, a UK newspaper, Guardian, reported that the UK Department for International Development (DFID) had withheld £4m in support over the same case. But before the two donor countries declared their intention, the Irish government was the first to freeze £3.2 million of aid towards the PRDP to which Ireland was contributing as well alongside Denmark, Norway, and Sweden.
November revenue performance report, URA registered a revenue shortfall of Ush11.3b mainly as a result of low collections from fuel tax and the exchange rate fluctuation.
The tax body collected net revenue of Ush557.5b against a target of Ush568.7b.
URA collected Ush303.6b against a target of Ush293b owing to surpluses in local VAT on sugar and electricity, Corporation tax and excise.
The original collection target set in June 2012 has been revised with the tax body tasked to collect an additional Ush34b in the FY2012/13 on top of the 7.2 trillion.
The new target of about Ush7.3 trillion is meant to cover part of the void that will be created as a result of the suspension of aid to the country following the unearthing of alleged mismanagement of funds at the Office of the Prime Minister.
“We now have a new target and as a result we have to spread it out across the remaining months which began in November. We have to collect an additional Ush34b,” said Ms. Sarah Banage, the URA Corporate Affairs Commissioner while announcing the revenue performance for the month of November last week in Kampala.
Sirajji Kanyesigye, the Manager Medium Tax Payers said that the tax body will as a result increase sensitization of tax payers and also close all loopholes so as to enable the tax body meet the new target.
“From the domestic tax perspective, we know internally definitely there’s capacity to collect this money and we have the tax payers. We are doing a lot of audits to ensure that people pay what they owe to us and for those who have not submitted their income statements we shall estimate and make them clear,” he said.
Denmark recently joined the UK and Ireland in suspending development aid to Uganda following the Auditor General’s findings of alleged theft of money in the Prime Minister’s office. According to the Auditor General report on financial impropriety in the OPM, Denmark had pledged to contribute Shs2 b in the PRDP fund for Northern Uganda this year alone.
Earlier, a UK newspaper, Guardian, reported that the UK Department for International Development (DFID) had withheld £4m in support over the same case. But before the two donor countries declared their intention, the Irish government was the first to freeze £3.2 million of aid towards the PRDP to which Ireland was contributing as well alongside Denmark, Norway, and Sweden.
November revenue performance report, URA registered a revenue shortfall of Ush11.3b mainly as a result of low collections from fuel tax and the exchange rate fluctuation.
The tax body collected net revenue of Ush557.5b against a target of Ush568.7b.
URA collected Ush303.6b against a target of Ush293b owing to surpluses in local VAT on sugar and electricity, Corporation tax and excise.
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