Uganda: Tax proposals in budget 2022-2023

Includes value added tax (VAT) amendments

Includes value added tax (VAT) amendments

The budget for 2022-2023 includes the following tax-related proposals:

  • A proposed amendment to the definition of “beneficial owner”
  • Amendment to the rules regarding the taxation of rental income
  • Extension of the “tax holiday” for income earned from the Bujagali hydro power project
  • Value added tax (VAT) amendments regarding the definition of an exempt import, exemptions of supplies from VAT, and excise tax measures, among other items

Read a June 2022 report [PDF 7.2 MB] prepared by the KPMG member firm in Uganda 


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