URA sensitises traders about taxes

Lydia Nabakooza

Lydia Nabakooza

, Business

While traders continue to decry the number of taxes put in place by government to raise revenue, the Uganda Revenue Authority  insists  such traders are failing  to appreciate the importance of taxation  which at times leads to exemptions.

Vincent Seruma, the URA  spokesperson says,  attempts by  the tax authority to collect revenue usually fall on deaf ears.

Presumptive tax is one of those taxes which has become a thorn in many a traders businesses. In downtown Kampala traders assume URA charge them unfairly.

According to Everest Kayondo, the chairman of Kampala City Traders Association, the tax is usually not one many comprehend, and tax education is necessary but it’s a rear Uganda revenue authority to do it

To solve the impasse, URA had to meet traders, says Seruma, the spokesperson of the tax body.

To him, there is even room for one to appeal against the presumed tax and request for self assessment.

It is this discussion that Seruma believes that if appreciated by the public, then the subject of taxation will not be an issue to debate about but rather look at it as a personal responsibility towards national development.

 

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