URA Commissioner General Doris Akol

The Uganda Revenue Authority (URA) has described this financial years revenue collection target is stretching and ambitious.

In the 2017-2018 budgets the URA is expected to collect 15 trillion on assumptions over 6% GDP growth, stable inflation rate, increasing private sector credit growth above the current 4.4% and others.

Speaking to media today, Doris Akol, the URA commissioner general said that some of the factors that forced the authority to register a shot fall 457 billion below the target still exist thus archiving this target is going to be a challenging factor.

She has however said that the authority has high hopes in some of tax reforms that were introduced including taxes on wheat grain, rental tax and others as a likely source of additional taxes.

The post URA says revenue targets for financial year 2017/18 challenging first appeared on Uganda Multimedia News & Information.

Bulamogi County MP Kenneth Lubogo moved the motion to recognize Kagina as an exceptional civil servant and it was seconded by Nakasongola Moman Mp Margaret Komuhangi.

Kagina transformed the image Uganda’s tax body URA from one perceived to be extremely corrupt to an exemplary institution with top-notch service delivery

During her 10-year tenure, tax collections grew to sh8.03 trillion in 2013/14 down from sh1.92trillion in 2004/05 the cost of tax collection dropped to 2.5% from 3.4% as Uganda’s Tax Body embraced electronic tax collection.

Former Commissioner for Legal and Board affairs, Doris Akol replaced Kagina as the new Commissioner General of URA in October 2014.

The post Parliament Honors former Uganda Revenue Authority Boss Allen Kagina first appeared on Uganda Multimedia News & Information.