URA threatens to prosecute 1000 companies for defaulting on tax payment

Tax body, Uganda Revenue Authority has threatened to drag over 1000 companies to court over failure to pay accumulated tax liabilities.

In a notice, titled ‘non -compliant taxpayers’  the tax body published the 1000 names in the various media platforms, before threatening to drag them to court if they don’t heed to the call of paying the tax liabilities.

“The taxpayers listed below have accumulated tax liabilities with Uganda Revenue Authority (URA) and are hereby notified to settle their respective liabilities within two weeks from the date of this notice,” the notice reads in part.

“Failure to comply will attract enforcement action including prosecution.”

The tax body also threatened to publish more lists of taxpayers who have accumulated tax liabilities and according to Ian Rumanyika, the acting Assistant Commissioner for Pubic and Corporate Affairs at URA, the taxes are in form of Pay As You Earn, VAT, Corporation tax and rental tax.

Some of the companies listed by the tax body include Abacus Investment Limited, Acanadiro Hotel Uganda Limited, Askar Security Limited and Kayonza Tea Growers Factory Limited.

Others are Leading Distillers Limited , M-Cash Uganda Limited and Seascallop Investments Uganda Limited among others.

Shame list

In June, the tax body printed a shame list of companies, schools, civil society organisations and individuals who had defaulted on paying taxes worth over shs47 billion  to Uganda Revenue Authority.

The taxes were in form of Pay As You Earn, income tax, VAT and customs duties.

Some of the big defaulters then, included  Spear House Ltd owned by businessman Gordon Wavamunno and Mugoya Estates Limited owned by Erias Mugoya which owed the tax body shs4.9 billion and shs7.2 billion respectively.

Others includes Sam Otada and Victoria Asiimwe of Otada Transport Company that owe URA about Shs268 million in PAYE, Paul Amoru ( Shs21.9 billion in custom duties),  Mathias Nalyanya (Shs76.7 million- income tax), Sebaggala & Sons (Shs2 billion in VAT), Steller (U) Limited (Shs2.9 billion VAT) and Tirupati Development (Shs318 million -VAT).

It is however not clear if these sums of money in taxes were paid by the companies.

 

Reader's Comments

RELATED ARTICLES

Over 1300 graduate at LDC
news By Kenneth Kazibwe
10 hours ago
Over 1300 graduate at LDC
19 charged over Mukono boda mob lynching case
court By Kenneth Kazibwe
10 hours ago
19 charged over Mukono boda mob lynching case
Uganda: A Land of Mixed Fortunes for Businesses
business By Catherine Nakato
14 hours ago
Uganda: A Land of Mixed Fortunes for Businesses
Kampala Struggles Under Traders' Protest
business By Hakim Wampamba
14 hours ago
Kampala Struggles Under Traders' Protest
LATEST STORIES

High Court dismisses Byarugaba's NSSF job appeal
top-stories By Jacobs Seaman Odongo
13 hours ago
High Court dismisses Byarugaba's NSSF job appeal
Stay at home on 9th May
news By Catherine Nakato
13 hours ago
Stay at home on 9th May
Uganda: A Land of Mixed Fortunes for Businesses
business By Catherine Nakato
14 hours ago
Uganda: A Land of Mixed Fortunes for Businesses
Kampala Struggles Under Traders' Protest
business By Hakim Wampamba
14 hours ago
Kampala Struggles Under Traders' Protest