Uganda Waives Tax Penalties to Encourage Business Compliance

The Ministry of Finance, working through the Uganda Revenue Authority (URA), has rolled out a new tax relief initiative aimed at easing pressure on businesses and encouraging voluntary compliance. Under the amended Tax Procedures Code Act, all taxpayers who clear their outstanding principal tax arrears (up to June 30, 2024) by June 30, 2026, will enjoy a 100% waiver on…

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