Uganda Unveils National Budget for Fiscal Year 2025–26

Uganda’s 2025–26 budget revises VAT penalties for EFRIS non-compliance, replacing the UGX 6 million flat fee with a penalty equal to twice the tax owed.
Excise duties on cigarettes and beer are increased, with higher rates for imported cigarettes and revised beer duties favoring local barley content to boost revenue and promote local sourcing.
A 1% import declaration fee on taxable goods and a USD 10 per metric ton export levy on wheat bran, cotton cake, and maize bran aim to support local value addition.