URA Set for Financial year 2016/17

URA Set for Financial year 2016/17

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Uganda Revenue Authority commissioner general Doris Akol says they tax body will be able to raise the new figure of close to 13 trillion shillings for 2016/17 financial year.

According to URA data, the targeted collection for the FY 2015/16 was Shs11.3 trillion however in the first nine month URA collected a total net revenue of only Shs8.1 trillion.

However Akol insists with new measures like registration of new tax payers, introduction of Tax Identification Numbers among other initiatives they will surpass the target.

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