Business
URA, KCCA in partnership to collect revenue
Publish Date: May 21, 2014
URA, KCCA in partnership to collect revenue
Uganda Revenue Authority Commissioner General (URA) Allen Kagina (left) and KCCA boss Jennifer Musisi (right) after signing a memorandum of understanding at URA headquarters. PHOTO/Wilfred Sanya
  • mail
  • img
newvision

By Juliet Waiswa

The Uganda Revenue Authority (URA) and Kampala Capital City Authority (KCCA) have signed a memorandum of understanding for collaboration in collecting city revenue.


URA commissioner general Allen Kagina and KCCA executive director Jennifer Musisi signed the agreement at the URA offices in Kampala.

Kagina said the agreement is meant to formalise the partnership in order to increase revenue collection for the two authorities.

She said the agreement will help URA collect more revenue, especially from construction business. She explained that KCCA gives application permits to people putting up structures and enforces payment of licenses.

“URA’s role of revenue collection will be specified,” she added.

“There are some construction projects taking place in the city that we are not aware of. However, KCCA which issues the application permits, can avail URA with that information so that revenue is collected,” Kagina said.

She explained that URA and KCCA have been working together to issue trading licenses and analysing revenue collection in the city, but will now exchange information for mutual benefit.

Musisi said the agreement will help in saving resources by exchanging information.

She added that the two authorities are looking at higher levels of capacity building and exchanging of ideas, which will help transform the city.

About two months ago, URA, KCCA and the Uganda Registration Services Bureau announced their intention to work together to boost revenue collection and stem tax losses in the city by netting tax evaders.

The three bodies said a tax payer registration expansion would be implemented in all divisions of the city.

This came amidst reports by KCCA that some members of the business community were forging trading licenses to evade taxes.

RELATED ARTICLES

URA to tax government at source

URA de-registers 900 companies for defaulting on VAT

URA extends motor vehicle registration by six months

URA warns suppliers against unfair competition

URA lost over sh2b in computer hacking scam
 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Farmers tipped on penetrating US market
UGANDAN farmers have been urged to capitalize on organic agriculture and improve packaging in order to tap into the US' massive sh87.7 trillion organic agriculture products market...
Gov’t working on laws governing drones – Thembo
Government efforts are underway to put guidelines and restrictions on how private citizens can use drones, the state minister for ICT says....
IBM to invest $3 bn in
IBM has announced it is pumping an equivalent of 9 trillion Ugandan shillings into a new division focusing on the growing market for connected devices, or the "Internet of Things."...
Graduates get extra business entrepreneur skills
GRADUATES and non-employed youth have been urged to supplement their school knowledge with entrepreneur and vocational to easily help them manage their own businesses...
India
Hundreds of India's companies have failed to find women for their boards despite a last-minute rush to meet a mandatory deadline to appoint at least one female director....
Regional ICT summit opens in Mombasa
The inaugural regional ICT summit dubbed Connect East Africa Summit has opened in the Kenyan coastal city of Mombasa....
Should police arrest parents who do not take their children to school?
Yes
No
Can't Say
follow us
subscribe to our news letter