- Uganda’s Budget 2024 includes new tax measures.
- VAT will be imposed on goods and services provided by taxable employers to employees at no cost.
- This change aims to increase government revenue.
- The new VAT policy targets non-monetary benefits given to employees.
- Employers will need to account for VAT on these benefits.
Source: research.ibfd.org
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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