President Yoweri Museveni has signed into law 19 bills thus imposing a Shs1550 per litre levy on fuel, while Shs.500 has been imposed on each 50 kg of Lime, adhesive and Grout levy.
1. The Uganda Wildlife Authority (Amendment) Act 2024
2. The Uganda Registration Services Bureau (Amendment) Act 2024
3. The Registration of Persons (Amendment) Act 2024
4. The Uganda Trypanosomiasis Control Council (Repeal) Act 2024
5. The Agricultural Chemicals (Control) (Amendment) Act 2024
6. The Children (Amendment) Act 2024
7. The National Youth Council (Amendment) Act 2024
8. The Persons with Disabilities (Amendment) Act 2024
9. The National Women’s Council (Amendment) Act 2024
10. The National Council for Older Persons (Amendment) Act 2024
11. The Non-Governmental Organisations (Amendment) Act 2024
12. The National Library (Amendment) Act 2024
13. The National Planning Authority (Amendment) Act 2024
14. The National Population Council (Repeal) Act 2024
15. The Physical Planning (Amendment) Act 2024
16. The Value Added Tax (Amendment) Act 2024
17. The Tax Procedures Code (Amendment) Act 2024
18. The Stamp Duty (Amendment) Act 2024
19. The Income Tax (Amendment) Act 2024
President Museveni has also backed the imposition of Shs50 per litre of mineral water, bottled water and other water purposely for drinking. He has also approved a 0.5% levy on cash withdrawals on new payment systems, like Chippa cash, Wave, but agent banking has been exempted from the same.
President Museveni’s decision to sign into law the Value Added Tax Amendment Act 2024, will give Uganda Revenue Authority (URA) powers to collect VAT on donated goods or services given by an employer to an employee. The President also approved the move to increase the threshold for claiming for refund of overpaid tax from Shs5, 000,000) to Shs10M.
The government had initially proposed the threshold to be increased to Shs50M, but MPs rejected the rate, saying it would negatively affect businesses.
However, the National Commission for UNESCO (Amendment) Act 2024 and the Higher Education Financing (Amendment) Act 2024 were returned unsigned.
President Museveni’s decision to sign into law the Income Tax Amendment Bill 2024 means that Government’s initial proposal to impose a 5% gains tax on sell of land in cities or municipalities, except the principal place of residence; and rental property that is subject to rental tax, has finally been dropped.
The Uganda Registration Service Bureau Amendment Act 2024 and the Registration of Persons Amendment Act 2024 signal the transfer of mandates to conduct civil marriage and registering other marriages to NIRA. The government argued that the move would allow URSB to focus on its core role of business registration.
