By Charles Katabalwa
14th April 2021
The opposition Uganda people’s Congress (UPC) wants government to review its principles of taxation.
This comes after government through the ministry of finance announced a proposal indicating a number of taxes ranging from rental tax which was increased to 30%, 12% tax on each litter of locally produced non alcoholic drinks and taxes on data, an export levy of Shs70, 000 per kilogram of fish maw among others.
Addressing a weekly press conference at the Uganda House in Kampala, the UPC Party Spokesperson Sharon Arach says that such taxes are not encouraging business activities but failing them.
Arach adds government should avoid double taxation against least reducing key sectors like agriculture inputs, small scale businesses, private schools and tertiary institutions as well as making the house hold incomes to grow so that the government can collect more revenue as opposed to increasing taxes on the already collapsing business of the common citizen.
She has disclosed that Ugandan economy experienced a lockdown but the entire global economy closed down as well and the recovery is still very much slow and those well resourced countries are giving out recovery grants and loans to their people which will act as stimulant to the recovery.
She calls upon government to be very much conscious of the timing and the recovery rate since Covid-19 pandemic.