Stanbic Bank
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Stanbic Bank
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Stanbic Bank

IGG assures URA on declared assets taxes

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As the Uganda Revenue Authority (URA) lays strategies to collect more taxes, the Inspector General of Government, Irene Mulyagonja, has said that her office will liaise with the national tax collector to ensure that all taxes on declared assets are paid.

Ms Mulyagonja was Friday speaking as guest of honour at the URA Suppliers Integrity Forum in Kampala, held under the theme, ‘Enlighting and Connecting with clients for improved compliance’, organised by URA’s Department of Internal Audit and Compliance.

According to the IGG low salaries, self-interest and suppliers who ‘induce’ officials are some of the causes of corruption in government departments.

Ms Mulyagonja urged local suppliers to desist from corruption tendencies, adding that asset recovery is now part of the punitive measures the IGG enforces to combat corruption in Uganda.

Speaking to delegates at the forum, URA’s Commissioner for Internal Audit and Compliance, Dr. Protais Begumisa, warned their suppliers against ‘cartels’ and attempts to bribe staff. “Let us avoid syndicated corruption,” he said, urging suppliers to be tax compliant.

The Commissioner for Tax Investigations Patrick Mukiibi, shed light on the manifestations of corruption and tax evasion.

Meanwhile, URA in one of its latest statements has urged all employers in the country to ensure that all their staff earning salaries above the threshold Shs235, 000 per month register for tax as dictated by the Tax Procedure Code Act 2014 and the Income Tax Act.

“In order to promote accountability for taxes deducted from employees in accordance with the provisions of Section 116 of the Income Tax Act, all employees liable to tax on their emoluments apply and obtain a TIN (Tax Identification Number) in accordance with the above provisions,” URA says.

Under the law, every employer is required to deduct monthly taxes-Pay As You Earn (PAYE) from liable employees’ salary payments and any other employment benefits, whether monetary or in-kind.

However, the Uganda Peoples Defence Forces, Uganda Police, Uganda Prisons Services and the judges are exempted from PAYE, a decision some people say violates the principle of equity.

 

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