As the pressure to drop the newly introduced taxes on Over the Top Services (OTT) including social media and Mobile money mounts, the revenue body has now advised the presidency to consider scrapping one of the taxes.
This afternoon, Uganda Revenue Authority Commissioner General Doris Akol has asked the President to drop taxes on Mobile Money Deposits.
The taxes had been set at 1% of the money being deposited.
Yesterday, a group of civil society activists including artistes and politicians Gerald Kyaruhanga and Robert Kyagulanyi marched in a civil protest over the said taxes which they said were exorbitant and would lead to business losses besides making the access of money by many under privileged people hard.
Talk is rife that the telecoms have petitioned URA and government over the social media tax of shs 200 a day which they say has cost them business.
We reproduce Doris Akol’s letter to the President below;
