URA seeks to recover sh1b in north
Jun 23, 2008
THE Uganda Revenue Authority (URA) is seeking to recover over sh1b in tax arrears from the business community in northern Uganda.
By Chris Ocowun
THE Uganda Revenue Authority (URA) is seeking to recover over sh1b in tax arrears from the business community in northern Uganda.
The tax agency has also threatened to freeze defaulters’ accounts and attach assets to recover the money.
Joel Emojong, the URA Gulu-based supervisor, explained last week that the businesspeople community in the north had misunderstood the presidential tax waiver, which expired in June 2006.
“Many of the businesspeople still think that the waiver still covers them to date,†Emojong said last week.
“We have been giving warning letters and reminders to a number of organisations and businesses to settle their tax arrears for this financial year.
“Those who do not comply will have their accounts frozen and property attached,†Emojong warned.
The President directed URA to waive up to sh4b in tax arrears on the business community in the war-ravaged north in 2002.
Emojong, who was flanked by the URA tax collector, Benedict Labeja, disclosed that despite the two-decade-long insurgency, the businesses in the north contributed sh7.4b in tax revenue last financial year.
Emojong was optimistic that up to sh8b would be collected this financial year.
The tax supervisor advised taxpayers to meet their obligations to avoid penalties.
“Our taxpayers should not look at us as people who are interested in crippling their businesses but rather promoting them,†Emojong pleaded.
THE Uganda Revenue Authority (URA) is seeking to recover over sh1b in tax arrears from the business community in northern Uganda.
The tax agency has also threatened to freeze defaulters’ accounts and attach assets to recover the money.
Joel Emojong, the URA Gulu-based supervisor, explained last week that the businesspeople community in the north had misunderstood the presidential tax waiver, which expired in June 2006.
“Many of the businesspeople still think that the waiver still covers them to date,†Emojong said last week.
“We have been giving warning letters and reminders to a number of organisations and businesses to settle their tax arrears for this financial year.
“Those who do not comply will have their accounts frozen and property attached,†Emojong warned.
The President directed URA to waive up to sh4b in tax arrears on the business community in the war-ravaged north in 2002.
Emojong, who was flanked by the URA tax collector, Benedict Labeja, disclosed that despite the two-decade-long insurgency, the businesses in the north contributed sh7.4b in tax revenue last financial year.
Emojong was optimistic that up to sh8b would be collected this financial year.
The tax supervisor advised taxpayers to meet their obligations to avoid penalties.
“Our taxpayers should not look at us as people who are interested in crippling their businesses but rather promoting them,†Emojong pleaded.