Uganda's Tax System Is a Drain On Small Businesses - How to Set Them Free

Uganda's Tax System Is a Drain On Small Businesses - How to Set Them Free

Analysis - Uganda is one of the countries most exposed to recent cuts in international aid, particularly with the dissolution of the US Agency for International Development (USAID). In 2023, about 5% of gross national income - a measure of a country's total income, including income from foreign sources - was received in aid.

Uganda’s tax system is a drain on small businesses: how to set them free

Uganda is one of the countries most exposed to recent cuts in international aid, particularly with the dissolution of the US Agency for International Development (USAID). In 2023, about 5% of gross national income – a measure of a country’s total income, including income from foreign sources – was received in aid. The cuts have given new impetus to the drive to increase taxes raised from domestic businesses. Less than half (45%) of the Ugandan b…

Uganda Scraps Stamp Duty on Mortgages and Agreements to Ease Cost of Credit

In a major relief for borrowers and businesses, the Government of Uganda has removed stamp duty on mortgages and agreements, a move aimed at lowering the cost of credit and reducing the financial burden on individuals and enterprises. Finance Minister Matia Kasaija made the announcement during the reading of the Financial Year 2025/26 Budget Speech at Kololo Ceremonial Grounds, emphasising the government’s commitment to boosting private sector g…

Uganda's tax system is a drain on small businesses: how to set them free

Uganda is one of the countries most exposed to recent cuts in international aid, particularly with the dissolution of the US Agency for International Development (USAID). In 2023, about 5% of gross national income