Stanbic Bank
Stanbic Bank
Stanbic Bank
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Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

Its ‘Xmas come early’ for over 100 institutions exempted from WT in 2018

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With less than two weeks to the end of the year, over one hundred government agencies and private businesses entities are to benefit from a whirlpool tax incentive by the Uganda Revenue Authority (URA) worth billions of shillings, over the first half of 2018.

According to a release by URA, 129 institutions, businesses and organisations including government agencies like Uganda National Roads Authority (UNRA); the National Medical Stores (NMS) and private businesses like the Aga Khan Foundation and Hariss International, the manufacturers of Riham soft drinks and biscuits, will not remit the 6% Withholding Tax for the first six months between January and June next year.

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