Day 2 is underway at the #EYTaxRetreatUg! Today’s sessions cover VAT & Excise Duty, PAYE, WHT compliance risks, URA audits & compliance across other regulatory authorities. Practical insights for navigating Uganda’s evolving tax landscape. #ShapeTheFutureWithConfidence

We kick off Day 2 of the #EYTaxRetreatUg with George Michael Nsubuga, Manager, Tax, presenting on VAT & Excise Duty Compliance: Staying Ahead of Regulatory Expectations. A timely discussion on keeping pace with evolving tax regulations. #ShapeTheFutureWithConfidence

Day 2 of the #EYTaxRetreatUg is underway! Tax professionals & business leaders are exploring VAT, Excise Duty, PAYE, WHT, URA audits, tax digitalisation & regulatory compliance. Together, we’re shaping a stronger, compliant business environment. #ShapeTheFutureWithConfidence

George M. Nsubuga explains, VAT should generally be neutral to business through the relationship between output tax and recoverable input tax. That neutrality depends on correctly classifying supplies and managing input VAT claims. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

Uganda’s annual VAT registration threshold rose from UGX150m to UGX300m, effective 1 July 2026, with a quarterly threshold of UGX75m. Businesses must reassess their registration obligations & invoicing processes as the rules evolve. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

“A reimbursement is a part of the supply of goods or services while a disbursement is not a supply for VAT and WHT purposes.” - George The distinction matters: how an expense is incurred & whether a party acts as principal or agent can change its tax treatment. #EYTaxRetreatUg

“VAT follows the destination of use or consumption” In Allied Beverages Co. Ltd v URA, the High Court held that services used & consumed outside Uganda qualified as exported services. Filling where services are actually used can be critical to the VAT position. #EYTaxRetreatUg

“Only claim on expenses supported by e-invoice or e-receipts.” With input VAT claims subject to a six-month deadline, businesses need disciplined invoice management, timely reconciliations & reliable records. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

Uganda’s 26/27 Excise Duty changes raise the rate on motor spirit to UGX1,750/l, gas oil to UGX1,430/l and cooking oil to UGX400/l. Businesses should assess the effects on input costs, pricing, margins & consumer demand. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

“Tax is not merely about rates and returns. It is about understanding when a transaction creates an obligation, who bears that obligation, and how that obligation affects the cost of doing business.” — George M. Nsubuga #EYTaxRetreatUg #ShapeTheFutureWithConfidence

When businesses import services, determining the correct VAT base is critical. The discussions highlighted the importance of understanding the total consideration & correctly applying reverse-charge VAT rules. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

VAT compliance starts with understanding the transaction. Is the supply taxable, exempt or zero-rated? The answer determines the VAT treatment, the supplier’s obligations & whether input tax can be recovered. Classification matters #EYTaxRetreatUg #ShapeTheFutureWithConfidence

Meet today's Director of Ceremonies, Charity Anicia, who will guide us through the day's conversations, insights and engagements at the #EYTaxRetreatUg. Join us as we continue to learn, connect and shape the future of tax with confidence! #ShapeTheFutureWithConfidence

We are currently exploring Employment Taxes (PAYE) and Related Issues: Practical Compliance Essentials, led by Badru Sebbi, Senior Manager, Tax. A practical discussion on navigating employment tax compliance at #EYTaxRetreatUg. #ShapeTheFutureWithConfidence

Our current topical presentation at the #EYTaxRetreatUg features Hamza Ssali, Associate Director, Tax, exploring Key Tax Risks on WHT Compliance. A timely discussion on identifying withholding tax risks and strengthening compliance. #ShapeTheFutureWithConfidence

Once employment is established, identify the full scope of employment income. Beyond salary, PAYE assessments may need to consider bonuses, allowances, school fees, motor vehicles, housing & other benefits, even when paid through third parties. #EYTaxRetreatUg

Badru Sebbi highlighted; assess control, working tools, continuity of engagement & the actual working relationship, not just the contract title, when distinguishing employees from consultants. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

Once WHT applies, the next step is to determine whether it is a final tax or an advance tax. This distinction affects how income is reported, whether expenses are deductible and how tax credits are treated. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

Withholding tax (WHT) compliance starts with identifying when a payment triggers an obligation to withhold. Hamza Ssali's presentation highlights the importance of understanding the transaction, tax base and applicable exemptions. #EYTaxRetreatUg #ShapeTheFutureWithConfidence

Pictorial Update Scenes from the ongoing #EYTaxRetreatUg, capturing the conversations, connections and memorable moments shaping this year’s retreat. Stay tuned for more highlights from the proceedings! #EYTaxRetreatUg #ShapeTheFutureWithConfidence