On 28th March 2024, the Parliament of Uganda published the tax and revenue bills for the financial year 2024/2025. The bills will be discussed through public consultations by various taxpayers, the committee and Parliament. Once approved and assented to by the President, these bills will take effect from 1st July 2024.

In this publication, Ronald Kalema (Partner, Head Tax Practice), Vanessa Mbekeka (Associate), and Gerald Ndobya (Candidate Attorney) highlight the proposed amendments to the following tax laws which we believe may have an impact on your business;

  1. The Income Tax (Amendment) Bill 2024
  2. The Value Added Tax (Amendment) Bill 2024
  3. The Excise Duty (Amendment) Bill 2024
  4. The Tax Procedure Code (Amendment) Bill 2024
  5. The Stamp Duty (Amendment) Bill 2024