Tuesday, July 28, 2026
  • About
  • Advertise
  • Careers
  • Contact
Insight Post Uganda
  • Home
  • NewsHot
    • Health
    • Politics
    • Religion
    • Lifestyle
    • World News
    • Tourism
    • Environment
    • Agriculture
  • Business
    Engineers Defends Busega-Mpigi Expressway Redesign Amid Cost Escalation Probe

    Engineers Defends Busega-Mpigi Expressway Redesign Amid Cost Escalation Probe

    High Court Clears Post Bank Of Liability In UGX 15.3 Million Salary Dispute

    High Court Clears Post Bank Of Liability In UGX 15.3 Million Salary Dispute

    Tororo Cement Under Scrutiny After Viral Video Alleges Underweight Cement Bags

    Tororo Cement Under Scrutiny After Viral Video Alleges Underweight Cement Bags

  • Sports
    Cissy Nantongo

    Sports Fraternity Mourns Former She Corporate Captain Cissy Nantongo

    More Than 400 Arrested After PSG Champions League Celebrations Turn Violent

    More Than 400 Arrested After PSG Champions League Celebrations Turn Violent

    Raheem Sterling Held Over Suspected Drug-Driving Following Motorway Crash

    Raheem Sterling Held Over Suspected Drug-Driving Following Motorway Crash

  • Education
    School of Biomedical Sciences

    Makerere University Opens New Laboratory To Advance HIV Cure Research

    Makerere Launches E-Transcripts, Digital Certificates In Major Academic Reform

    Makerere Launches E-Transcripts, Digital Certificates In Major Academic Reform

  • In Luganda
    Betty Nambooze, Mukono Municipality MP

    Kibuule Akubye Mu Nambooze Ebituli, Talina Kyakoledde BannaMukono Okujjako Okujoboja

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Counsel George Musisi ng'alaga emu ku kaadi mu lukungana lw'amawulire

    Munnamateeka Wa NUP Atambula Nju Ku Nju Ng’ Asaggula Obuwagizi  

  • In Photos
    Ronald Kibuule at Mukono recently.

    Kibuule Poised for Return as Museveni Signals Endorsement in Mukono North

    Katikiro presiding over the opening of the renovated official residence of the Buddu County Chief at Ssaza grounds in Masaka City on Tuesday. Pictures by Robert Nsubuga.

    Pictorial:  Katikiro Mayiga Slams Masaka People Over Poor Hygiene

    Ismael-Kifudde-the-Mukono-Police-Division-Officer-in-Charge-directing-Nambooze-not-to-use-the-route-heading-to-town-center

    Moments of Excessive Force Against Betty Nambooze in Recent General Elections

  • Profiles
    Brig. Gen. Kiyengo (center) posing for the photo with the members of Nakifuma Rotary Club who promised to attend his book launch.

    CUTTING THROUGH HELL: UPDF Medic Chronicles Uganda’s Silent War in Somalia Through Powerful Memoir

    L-R MP Mawogola South (Sembabule)-Goreth Namugga, Councillor Amiri Kiggundu, COTFONE Coordinator-Kayinga Yisito Muddu and Mr Xavier Ejoyi, Country Director ActionAid International Uganda at the award event

    National Citizens’ Integrity Awards 2024: Unsung Heroes Celebrated

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

  • Op-Ed
    • Editorial
    • Opinion
  • Login
No Result
View All Result
Insight Post Uganda
Home Business

URA Says Uganda Can Meet UGX40 Trillion Revenue Target Through Wider Tax Base

Insight Post Uganda by Insight Post Uganda
July 8, 2026
in Business
Reading Time: 3 mins read
A A
0
URA Says Uganda Can Meet UGX40 Trillion Revenue Target Through Wider Tax Base

The Uganda Revenue Authority (URA) has expressed confidence that Uganda can achieve its ambitious domestic revenue targets over the next four years if government, businesses and taxpayers work together to widen the country’s tax base and improve voluntary tax compliance.

Government has set a domestic revenue target of UGX 46 trillion for the 2026/27 financial year, with URA expected to collect UGX 40.16 trillion in tax revenue. The target forms part of a broader strategy to increase tax collections from the current 14.2 percent of Gross Domestic Product (GDP) to 20 percent within four years.

Related posts

Court Orders URA To Pay Shs 1.66 Billion Over Shs 4 Million Auction Of Goods Worth Shs 1.46 Billion

Court Orders URA To Pay Shs 1.66 Billion Over Shs 4 Million Auction Of Goods Worth Shs 1.46 Billion

July 21, 2026
KFC Uganda Operator Loses Bid to Escape Capital Gains Tax Liability

KFC Uganda Operator Loses Bid to Escape Capital Gains Tax Liability

June 24, 2026

The revenue mobilisation plan is aimed at reducing Uganda’s dependence on borrowing as the country seeks to finance a larger share of its development programmes using locally generated resources. Rising public debt and increasing debt servicing costs have placed pressure on the national budget, while access to concessional loans and grant financing has become more limited.

Although Uganda is expected to begin earning revenue from its oil sector, officials say petroleum income alone will not be sufficient to fund the country’s development priorities, making tax revenue the government’s main source of financing.

Speaking during the launch of the National Post-Budget Dialogue in Kampala, Finance Minister Henry Musasizi said stronger domestic revenue collection would allow government to reduce borrowing and invest more in infrastructure, healthcare, education and job creation.

Musasizi said the success of the strategy would depend not only on effective tax administration but also on improving public service delivery so that citizens see value in paying taxes voluntarily.

He added that government remains committed to fighting corruption and ensuring public funds are used transparently to improve the welfare of Ugandans.

URA Commissioner General John Musinguzi said the country’s medium-term revenue targets are achievable, noting that tax collections have improved from approximately 13 percent of GDP to 14.2 percent despite the authority registering a slight revenue shortfall during the 2025/26 financial year.

He attributed the progress to recent tax reforms approved by Parliament, which he said are intended to strengthen compliance while creating a more predictable and business-friendly tax environment.

Among the reforms is a review of penalties under the Electronic Fiscal Receipting and Invoicing Solution (EFRIS). Instead of the previous flat penalty of UGX 5 million for non-compliance, offenders will now pay twice the tax due on the affected goods or services, or ten currency points, whichever amount is higher.

Musinguzi acknowledged that some of the changes could initially present challenges for businesses but maintained that they are designed to promote fairness, improve compliance and simplify tax administration for compliant taxpayers.

He also unveiled URA’s new Client Service Charter, which outlines service standards, taxpayers’ rights and obligations, and measures aimed at improving taxpayer experience.

The charter introduces mechanisms for resolving tax disputes without going to court, enhances access to tax exemption and customs services, expands digital service delivery and provides clearer procedures for reporting misconduct by URA staff.

The Ministry of Finance said government is investing in digital technologies, data analytics and modern tax administration systems to improve efficiency while broadening the tax base instead of increasing tax rates.

Moses Kaggwa, the Ministry’s Director of Economic Affairs, said the focus is to identify taxable economic activities that remain outside the tax system while supporting businesses and individuals who comply with tax obligations.

He said long-term voluntary compliance will depend on empowering more Ugandans economically through initiatives such as the Parish Development Model and other wealth creation programmes.

Kaggwa also urged government agencies to treat taxpayers as partners in national development, saying trust and fairness are essential in building a sustainable tax culture.

He noted that effective implementation of the national budget would stimulate economic growth, create jobs and expand business activity, ultimately increasing tax revenues.

Civil society organisations welcomed several measures contained in the new budget but called for greater transparency and accountability in the management of public resources.

Julius Mukunda, Executive Director of the Civil Society Budget Advocacy Group, encouraged Ugandans to meet their tax obligations while demanding accountability on how public funds are spent.

Grace Kobusingye, Programmes Manager at the Uganda Debt Network, said prudent use of public resources is critical in strengthening public confidence and encouraging voluntary tax compliance.

She noted that improved accountability, coupled with quality public service delivery, will play a key role in supporting Uganda’s efforts to increase domestic revenue and reduce reliance on borrowing.

Tags: URA
ShareTweetPin
Previous Post

Electoral Commission Declares Zero Tolerance For Corruption In Kayunga LC1 Elections

Next Post

Besigye, Lutale Remain on Remand After Bail Bid Fails

Related Posts

Engineers Defends Busega-Mpigi Expressway Redesign Amid Cost Escalation Probe
Business

Engineers Defends Busega-Mpigi Expressway Redesign Amid Cost Escalation Probe

July 28, 2026
High Court Clears Post Bank Of Liability In UGX 15.3 Million Salary Dispute
Business

High Court Clears Post Bank Of Liability In UGX 15.3 Million Salary Dispute

July 27, 2026
Tororo Cement Under Scrutiny After Viral Video Alleges Underweight Cement Bags
Business

Tororo Cement Under Scrutiny After Viral Video Alleges Underweight Cement Bags

July 27, 2026
Muhammad Ali
Business

Man Re-Arraigned Over Alleged Forged Bail Documents in UGX 13 Billion Fake Gold Scam

July 24, 2026
Courtroom gavel
Business

Court Orders Freight Company To Pay UGX 510 Million To Kobo360 Over Contract Breach

July 24, 2026
Court Dismisses Church Claim in 180-Acre Land Dispute
Business

High Court Clears Way For Prosecution Of SP Begira Over Alleged Land Theft

July 23, 2026
Next Post
Besigye, Lutale Remain on Remand After Bail Bid Fails

Besigye, Lutale Remain on Remand After Bail Bid Fails

RECOMMENDED NEWS

Rt Rev Dr Samuel Stephen Kaziimba Mugalu

Church of Uganda Takes a Stand: No Contraceptives for Children, Says Archbishop Kazimba

3 years ago
Njeru-mob-trying-to-burn-Nambeshes-vehicle

Opposition Chief Whip Nambeshe Survives Lynching for Knocking a Person at Njeru Municipality

5 years ago
Microfinance Support Centre staff before COSASE RESIZED

Microfinance Support Centre On The Spot For Unlawful Appointment Of Deputy Executive Director

3 years ago
Ebola Case In Uganda Exposes Major Gaps In Detection, Response

Ebola Case In Uganda Exposes Major Gaps In Detection, Response

1 year ago

FOLLOW US

Insight Post Uganda

We bring you the most balanced news professionally investigated by our news team. The Insight Post is Uganda’s News company regulated by the Uganda Communications Commission.

Follow us on social media:

Recent News

  • Murder Suspect Wins Kawempe LC1 Election While On Remand
  • Bishop’s Son Loses LC1 Election To Diocesan School Cook
  • Makerere Sperm Bank Expansion Delayed By Funding Shortfall

Category

  • Agriculture
  • Business
  • Editorial
  • Education
  • Environment
  • Health
  • Lifestyle
  • Luganda
  • News
  • Opinion
  • Photos
  • Politics
  • Profiles
  • Religion
  • Runyankole
  • Security
  • Sports
  • Tourism
  • Uncategorized
  • World News

Recent News

Voters line up behind a campaign banner during the Local Council elections.

Murder Suspect Wins Kawempe LC1 Election While On Remand

July 28, 2026
Bishop’s Son Loses LC1 Election To Diocesan School Cook

Bishop’s Son Loses LC1 Election To Diocesan School Cook

July 28, 2026
  • About
  • Advertise
  • Careers
  • Contact

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!
en_USEnglish
en_USEnglish
No Result
View All Result
  • Home
  • Politics
  • Business
  • Sports
  • Lifestyle
  • Tourism
  • Opinion

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.