Uganda Revenue Authority (URA) issued a Public Notice on 20th April 2023 to taxpayers who wish to benefit from withholding tax (WHT) exemption for the period 1st July 2023 to 30th June 2024 in accordance with Sections 118A(2) and 119(5)(f)(ii) of the Income Tax Act and Section 5(2)(b) of the Value Added Tax Act, to apply online.
This is to inform all taxpayers who applied for the exemption to ensure that: 1. All pending returns including returns for their directors or partners (where applicable) are submitted by 30th June 2023; 2. All income tax payments which are due by 30th June 2023 are paid in full by 30th June 2023.
Payments due from other returns in the month of June 2023 are paid in full by 30th June 2023.
Any other outstanding tax liability is paid in full by 30th June 2023 or an approved instalment arrangement has been entered into with URA.
Please note that where the above conditions are not met, your application for WHT exemption for the period 2023/24 may not be considered.