WebDec 16, 2024 · 0. On 14 December 2024, the Uganda Parliament considered and passed the Income Tax Amendment Bill No.2 2024. The approved bill passed without amendments. The Bill was read for the first time on 19 th October 2024. The Bill amends the Income Tax Act to provide for: A limitation of deductions on petroleum operations. Windfall tax. WebMay 25, 2024 · Uganda issues Tax Amendment Bills for 2024 EY - Global Trending The CEO Imperative: Prepare now for the new era of globalization 8 Sep 2024 Global trade What actions can drive responsible innovation in digital assets? 30 Sep 2024 Public policy When will climate disclosures start to impact decarbonization? 27 Sep 2024 Assurance
Tax Alert: East African Crude Oil Pipeline Special Provisions …
WebFeb 7, 2024 · The tax rate applicable to an individual for the purposes of rental income is 12% of annual gross rental income in excess of UGX 2,820,000. In determining the … WebChapter-wise list of all sections under Income-tax Act 1961 as amended by the Finance Act, 2024. These are applicable for Assessment Year (AY) 2024-24 to assess income earned during previous year 2024-2024. Click here to download Finance Act 2024 in PDF format. Finance Bill 2024 received the assent of robert mack attorney georgia
Uganda Parliament passes Income Tax Amendment Bill No.2 2024
WebApr 8, 2024 · Uganda issues Tax Amendment Bills 2024 EY - Global About us Trending Why Chief Marketing Officers should be central to every transformation 31 Jan 2024 Consulting How will CEOs respond to a new recession reality? 11 Jan 2024 CEO agenda Six ways asset managers can prepare for an uncertain future 2 Feb 2024 Wealth and asset management WebApr 20, 2024 · The Ugandan Finance Minister Published A Draft Income Tax Amendment Bill For 2024. At the beginning of April, the Ugandan Minister of Finance, Matia Kasaija, tabled several fiscal bills to amend several tax legislations of the country including the income tax act, the stamp duty act and the excise duty act. WebUganda’s Income Tax Act establishes a category of exempt organizations which includes those that are of a religious, charitable, educational, or public character. Qualifying organizations are exempt from tax on almost all categories of income. Individuals and legal entities are eligible for tax deductions for charitable contributions. robert mack md ortho