PRIVATE education institutions have asked for tax waivers,
â€œWe implore the Government to waive corporation tax on private tertiary institutions and reduce the impact of import duty and Value Added Tax on scholastic materials and education inputs,â€ Aloysius Ssemanda, the chairman of Multitech Business School, said.
â€œAccording to the National Council for Higher Education, the fees levied by universities and other tertiary institutions do not cover the full cost of delivering education,â€ he said at the first graduation of the school, where 650 students got diplomas and other professional qualifications.
â€œThe Government has been instrumental in perpetuating this situation by vetoing the proposal by public universities to review their fees upwards,â€ Ssemanda said, adding that private institutions cannot increase fees before public institutions do so.
He said because of their small market size, private institutions end up being price-takers.
Private education institutions want tax waivers