Business

  • New Tax Squeeze: Shs4.8 Trillion Revenue Push Hits High Earners, Fuel, and Sugar Hard

    New Tax Squeeze: Shs4.8 Trillion Revenue Push Hits High Earners, Fuel, and Sugar Hard

    The Ugandan government has unveiled a series of tough tax proposals aimed at raising an additional Shs4.8 trillion in revenue for the 2026/2027 financial year, as part of broader efforts to boost domestic collections toward a projected Shs40 trillion target amid economic pressures and fiscal needs. The Revenue Enhancement and Compliance Measures outline reforms that…