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President Museveni Maintains EFRIS for VAT Collections, Urges Dialogue with Traders

  • President Museveni maintains use of Electronic Fiscal Receipting and Invoicing Solutions (EFRIS) for VAT collections
  • Advises Uganda Revenue Authority to suspend fines for non-compliant traders and encourage dialogue
  • Meeting between President and business community aims to address concerns with EFRIS system
  • Museveni instructs URA to meet with business leaders to solve inconsistencies with automation
  • Advises URA to be flexible with traders, allowing the use of cheaper options like mobile phone technology for reporting
  • Proposes another meeting with traders on June 20 to discuss agreements between traders’ leaders and URA
  • URA considering intensified sensitization of traders about taxation, as many do not understand Value Added Tax
  • Some traders express disagreement with meeting outcome, expected suspension of system announcement
  • KACITA chairperson to meet with traders to decide on a way forward

Source: independent.co.ug

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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