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In my early twenties when I left the university getting a decent job was not as hard as it is today.

Uganda is proposing significant changes to how it taxes cross-border debt. The Income Tax (Amendment) Bill, 2026 would introduce a new 5% withholding tax on certain interest payments that are currently exempt.

Conflicting interests arise for many businesses where decisions have to be made to determine how they consistently achieve profitability, while on the other hand minimise payment of tax.

Freelancers and consultants in individual capacity have previously gotten away with only paying 6% WHT as retained by their clients on payments.

A loan seems like a straightforward financial arrangement, funds lent by one party to another with an expectation of repayment.

Faced with a shortage of capital, Uganda has made a significant effort to attract foreign direct investment.

Uganda's Minister of Finance, Planning and Economic Development presented the national 2024/25 budget on 13 June 2024.

Uganda's constitutional and supreme courts have created a tax framework where interest systematically favors the revenue authority over taxpayers.

The Parliament approved the tax measures for the financial year 2022-23, which came into effect from 1st July 2022. Below is summary of the Key amendments as well as the potential impact of the same.

The Parliament approved the tax measures for the financial year 2022-23, which came into effect from 1st July 2022.

This article provides a glimpse into the country's corporate and individual tax systems and a brief overview of the international tax treaty network in place

Uganda, an independent republic within the British Commonwealth, is situated in East Africa.