Uganda’s 2024 Budget: VAT on Goods and Services from Taxable Employers to Employees without Payment

• Uganda has imposed VAT on goods and services supplied by taxable employers to employees at no consideration
• This change is part of the Budget In Depth 2024
• The new VAT regulations will impact how employers provide benefits to their employees
• Employers will need to adjust their financial planning and budgeting to account for this new tax requirement

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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