Uganda: How Taxes Changes Will Affect Small Businesses

Wakanda News Details

Uganda: How Taxes Changes Will Affect Small Businesses

[Monitor] Parliament recently passed the 2021 Tax Amendment Bills which introduced a number of changes that will impact on both businesses and individuals. The tax changes are geared towards increasing tax revenue, as the government grapples with sourcing adequate funds to service the increasing debt burden, as of April 2021 standing at around Shs 68 trillion. The government expects to raise about Shs460 billion from the proposed tax amendments. These tax changes are effective July 1, 2021 so it is important that bu

Source: allAfrica.com

You may also like

Taken for a ride: SA car ownership one of most 'taxing' in the world

One thing is for sure in South Africa. If you need a car, you are going to pay the taxman for the pleasure of driving it.

fave

Source: South African News | Online News | The South African

Rwanda: How Government Will Fund 2020/21 Budget Amidst Financial Constraints

[New Times] Unlike previous budgets, the 2020/21 budget presented to parliament earlier this week did not specify any new fiscal policies to boost revenue mobilization.

fave

Source: allAfrica.com

Trinidad PM blasts ‘disrespectful’ T&T Chamber CEO

(Trinidad Guardian) Prime Minister Dr Keith Rowley yesterday launched a scathing attack on T&T Chamber of Industry and Commerce CEO Gabriel Faria, saying he had a “disrespectful mouth” and an “acid

fave

Source: Stabroek News - Guyana's Most Trusted Newspaper

Nigeria: Taxes On Online Banking Transactions

The Federal Inland Revenue Service (FIRS) would soon start collecting taxes on all online transactions in line with the Company's Income Tax Significant Economic Presence (SEP) order that requires Over-the-Top (OTT) services providers to declare the revenue they generate from Nigerian consumers and

fave

Source: allAfrica.com

Kenya: Tax Collection Rises As Economy Recovers

[Nation] Evidence of real economic recovery from the Covid-19 pandemic has started to manifest itself, with the Kenya Revenue Authority (KRA) for the first time surpassing its revenue collection target in December.

fave

Source: allAfrica.com

Here are options and proposals that would fund California schools

Integral to any policy discussion is a fully funded public sector, including schools and universities that are particularly well-poised to address everything from the achievement gap to unconscious bias throughout the

fave

Source: Black Voice News | The Voice of the Black Community in California

Receiving annuities from SA: Essential tax advice for SA expats

(Partner Content) As a taxpayer you want to ensure that you’re not unfairly taxed in two jurisdictions at the same time. Below we take a look how you can ensure your tax affairs in South Africa are in order.

fave

Source: South African News | Online News | The South African

Mapeto officials granted bail in K10.8 billon tax evasion case | Malawi 24 - Malawi news

Five Mapeto David Whitehead & Sons officials who are accused of tax evasion have been granted bail. Senior Resident Magistrate Akya Mwanyongo has released the suspects on bail on conditions that each pays a bail bond of K10 million each and provide two reliable sureties of blood relatives based in

fave

Source: Malawi 24 | Malawi news

Egypt: Maait to MSMEs - Simplified Tax Based On Volume of Business

[Egypt Online] Finance Minister Mohammed Maait on Monday said the law of Micro, Small & Medium Enterprises (MSMEs) development entails several tax incentives like the simplified tax system, which is based on the volume of sales or business.

fave

Source: allAfrica.com

Thabo Mbeki: It is time for Côte d’Ivoire to cross the Rubicon

The possible return of former Ivorian president Laurent Gbagbo to the Côte d’Ivoire after his acquittal on charges of crimes against humanity might well be the catalyst for negotiations in that country, argues Thabo

fave

Source: https://www.news24.com

By the numbers: Expat tax through the lens of expertise

(Partner Content) On the minds of many South African expatriates are the options which are available to them for tax relief in South Africa, given the many changes made to the tax laws in South Africa.

fave

Source: South African News | Online News | The South African

'How many more?' - Killing of George Floyd in the U.S sparks global anger

From Minneapolis, Minnesota where African-American Floyd was kneed to death by officer Derek M. Chauvin, protest marches have taken a global

fave

Source: Face2Face Africa - The Premier Pan-African Voice

Intensify war against endemic corruption

EDITORIAL: Intensify war against endemic corruption

fave

Source: Business Daily

Uganda: Where Does Money Borrowed By Govt Go ?

[Monitor] By Franklin Draku

fave

Source: allAfrica.com

Why tax changes may power down green energy investments

Investors in the energy sector enjoy various incentives including a zero rate of import duty and value-added tax (VAT) exemption on renewable energy equipment; exemption from tax on interest paid on loans from foreign sources; exemption from payment of stamp duty in respect of certain

fave

Source: Business Daily

Aretha Franklin’s Estate Reaches Deal With The IRS

Watch BET UK on Sky 173, Virgin 184 Freesat 140

fave

Source: Celebrities, Music, News, Entertainment, TV Shows & Videos | BET

Trump signs executive actions after stimulus talks break down on Capitol Hill | The Atlanta Voice

President Donald Trump tried to assert executive power by signing four actions on coronavirus relief Saturday, one of which will provide as much as $400 in enhanced unemployment benefits after Democrats and the White House were unable to reach an agreement on a stimulus bill this week. But that

fave

Source: The Atlanta Voice

RBA puts Posta Scheme under administration over Sh1bn benefits

The move by the Retirement Benefits Authority (RBA) effectively disbands the scheme’s board pending appointment of an administrator within a month.

fave

Source: Business Daily

How do we close the economic divide? | L.A. Focus News

The Public Policy Institute of California (PPIC) is one of the state’s treasures, supplying invaluable, in-depth research into our thorniest issues such as water, housing, transportation and, most importantly, the state’s socioeconomic fragmentation. California’s politicians rarely make any

fave

Source: La Focus Newspaper

How To Retool Your Retirement Plan In The Midst Of COVID-19

“COVID-19 has caused a lot of retirees and those approaching retirement to rethink their plan for retirement,” says Dennis Notchick, a certified financial planner for Stratos Wealth Advisors

fave

Source: Milwaukee Community Journal - Wisconsin's Largest African American Newspaper

Saturday operations for select tax offices

Tax Administration Jamaica (TAJ) says it will open select tax offices on Saturdays for the next few weeks to facilitate taxpayers as the end of the fiscal year draws closer. The participating offices are: * Montego Bay * Mandeville * St Andrew...

fave

Source: Jamaica Gleaner

Coronavirus crisis is frightening for White folk, scarier still...

CNN Health reported on May 9, “Black Americans represent 13.4% of the U.S. population…but counties with higher Black populations account for more than half of all COVID-19 cases and almost 60% of the

fave

Source: MN Spokesman Recorder

Uganda's $12b Budget Offers Tax Waivers, Credit Access to SMEs

In a bid to get the Ugandan economy moving again after nearly three months of lockdown to curb the spread of coronavirus, the government on June 11 presented a budget offering a host of tax waivers and funding for the business

fave

Source: allAfrica.com

MPs shield toll collections from public scrutiny

MPs shield toll collections from public scrutiny ahead of pay-for-use roads

fave

Source: Business Daily

Target Commits to Increase Support for Black-Owned Businesses: Live Updates

… businesses to align with the African-American percentage of the national population …

fave

Source: Unpublished Black History

Chinese material shortage halts Shelter Afrique works

Chinese material shortage halts Shelter Afrique works

fave

Source: Business Daily

Tax practitioner sentenced to jail after VAT abuses | Fin24

A tax practitioner, who did work for a construction company, has been sentenced to two years in prison for VAT offences.

fave

Source: https://www.news24.com

Newsom budget spends windfall on pandemic victims | L.A. Focus News

While California’s overall economy is still being battered by the COVID-19 recession and unemployment remains high, its tax revenues have shown amazing resiliency. The recession’s impact has fallen largely on lower-income Californians while those on upper rungs of the socioeconomic ladder, whose

fave

Source: La Focus Newspaper

DeSoto ISD Superintendent Speaks on Social Justice | Dallas Weekly

As an educator, I’ve seen our public education system fail at effectively ensuring that students not only learn core content at equitably rigorous levels, but also fail at helping students learn about the realities of race, class, privilege, and collective

fave

Source: Dallas Weekly

Uganda: Government Increases Import Duty On Agricultural Products to 60 Percent

Finance minister, Matia Kasaija has said the government has introduced some taxes to raise revenue and announced that the import duty on agricultural products have been increased to 60 per cent and other products to 35 per

fave

Source: allAfrica.com

More from allAfrica.com

South Africa: Mchunu Reiterates Commitment to Deliver Water to Communities

South Africa: Campbell Voted Out As Mayor of Ekurhuleni

South Africa: President Ramaphosa Attends Lesotho PM Inauguration

Malawi: Bogus Fertilizer Transaction Scam Is Wake Up Call for Chakwera to Scrutinize Deep-Rooted Corruption in Government Agencies

Nigeria: UK Insists On Terror Alert As Major Mall Shuts Operation

Nigeria: Tinubu Donates N20 Million As Church Marks 100 Years Anniversary

Ghana: President to Address Nation On Economic Challenges Sunday

Ghana: Our Waterbodies Should Be Clean By March 2023 - Mireku Duker

Ghana: STEM Education Critical in Meeting the Needs of the World - President Akufo-Addo

Nigeria: Policy Framework, Incentives Key to Growing LPG Market - NNPC

Nigeria: Abuja Terror Alert - Nigerian Government Should Not Downplay the Threat

Nigeria: Floods - 4 Ways They Affect Food Security

South Africa: The Tears of a King

Nigeria: Naira Redesign - We Followed Due Process, CBN Tells Finance Minister

Nigeria: News About Imminent Terrorist Attack Sponsored to Create Fear - Police PRO

Malawi Police Arrest 33 in Anti-Government Violence

Nigeria: IMF Urges Caution On CBN's Plan to Replace Naira

South Africa: All Roads Lead to Moses Mabhida Stadium

Nigeria: U.S. Embarks On Evacuating Families From Abuja Over Terror Alert

South Africa: President Cyril Ramaphosa - Handover Ceremony of the Certificate of Recognition to His Majesty King Misizulu Ka-Zwelethini

Tanzania: Zero Malaria in Zanzibar By 2027, Realistic?

Tanzania: Zanzibar Economy - What Diplomats Can Do Attract Investment

Kenyan Youth Urged to Exploit Opportunities in Solar Energy

Ethiopia: Tigray Running Out of Medical Supplies, WHO Warns

Tanzania: Drought Weighs On Tanzania's Dar es Salaam

Ethiopia: UN Rights Experts Warn Atrocities Will Grow in Ethiopia's Tigray Without Peace

Africa: Time Ripe to Invest in Africa's Financial Literacy

Africa: The African Diaspora Can Help Chart a Solid Economic Growth Path

Africa: Weed for Export - Raising African Economies High On Medical Marijuana

Africa: Turkey Deepens Its Defense Diplomacy in Africa

Africa: What Do Protests Say About UN Peacekeeping in Africa?

Nigeria: Atiku in U.S. for a Week-Long High-Level Engagement - Ibe - allAfrica.com

Nigeria: Finance Minister Opposes CBN's Plan to Redesign Naira

Nigeria: Atiku Meets U.S. Chamber of Commerce, Nigeria Diaspora

South Africa: Halala! King Misuzulu Coronated

Nigeria: Terror Threat - Atiku Meets U.S. Officials in Washington

Congo-Kinshasa: Govt Expels Rwandan Envoy After M23 Rebel Gains

Africa: Vaccines Could Be a Game-Changer in the Fight Against Malaria in Africa

South Africa: President Ramaphosa Commits Government to Working With Zulu King

South Africa: Archbishop Makgoba Calls for 'Justice & Accountability' At Coronation of King Misuzulu kaZwelithini

South Africa Cements New Zulu King's Rule

Kenya: Raila Revives Vote-Rigging Claims, Says His Win and That of Allies 'Stolen'

Somalia: At Least 100 Killed in Mogadishu Bombing, President Says

Somalia: Mogadishu Hit By Two Car Bombs

Zimbabwe: Media Ban Sparks Fury in Zimbabwe

South Africa: Emergency Services in South Africa Are Overwhelmed - How One Community Created Its Own

Nigeria: Analysis - How Flooding May Affect Nigeria's 2023 Elections

Kenya: Police Barred From Storming Places of Worship to Effect Arrests - Rigathi

Sudan: Nine Arrested, Art Confiscated and Destroyed in Sudan Exhibition Raid

Congo-Kinshasa: Endangered Elephants 'Eavesdrop' On Poachers in DRC

Education Facts

Blackfacts BETA RELEASE 11.5.3
(Production Environment)