VATupdate

Share this post on

Uganda issues Tax Amendment Bills for 2022 (VAT measures)

  • Clarification on what constitutes an exempt import
  • Extension of Public International Organizations under the First Schedule to the Value Added Tax Act Cap 349
  • Introduction of new exempt supplies
  • Repeal of VAT exemptions for the following supplies
  • Extension of the investment incentive (VAT exemption) for the supply of services to conduct a feasibility study, design and construction; the supply of locally produced materials for the construction of premises and other infrastructure, machinery and equipment or furnishings and fittings to a hospital facility developer whose investment capital is at least US$5 million
  • Alterations to list of zero-rated supplies

Source: EY

Sponsors:

VAT news
VAT news

Advertisements: