The Uganda Revenue Authority (URA) is aiming to collect Shs16 trillion in the second half of the 2024/2025 financial year, buoyed by renewed efforts to enhance tax compliance, identify new revenue streams, and address systemic corruption.
URA Commissioner General John Rujoki Musinguzi expressed confidence in achieving the ambitious target, emphasizing the agency’s commitment to transparency and efficiency.
He noted that eliminating corruption within tax administration remains central to their strategy.
“By eliminating leakages and ensuring a more transparent approach to tax administration, the URA hopes to create a more efficient system that will not only meet but exceed its target. We shall force you to exit if audits implicate [you],” said Musinguzi.
The URA is leveraging technology and strengthening enforcement measures to streamline tax collection processes and curb evasion.
These steps aim to foster voluntary compliance and level the playing field for businesses while improving public trust in the tax system.
Achieving the Shs16 trillion target is critical for meeting national fiscal goals and reducing reliance on foreign aid.
The funds are expected to support essential public services and fortify Uganda’s economic independence.
Despite the challenges, the URA remains optimistic. Its focus on accountability and operational efficiency is seen as a pathway to creating a fairer, more effective tax system.
Collaboration with taxpayers and enforcement agencies will be pivotal as the country advances toward this ambitious goal.
