Section 20 of the principal act is amended by substituting for paragraph athe followinga areexempt from customs duty under thefifth schedule of the east african community customs management act, 2004 except compact fluorescent bulbs with a power. The object of this bill is to amend the value tax act, cap 394 to define certain terms used in the act. We have provided a downloadable pdf version for each of the legislations we have in this library. Once on the legislation pages, simply look out for the icon to access the download link. This act applies to years of income commencing on or after 1st july, 1997.
The east african community customs management eaccm act regulates the management and administration of customs duties on imports in uganda and the region. Any person, other than an official of the uganda revenue authority, who expressly relies on this hand book in any legal proceedings without reference to the principal laws, does so at his or her own risk, and the uganda revenue authority or the government of uganda cannot be held responsible for any misrepresentations arising out of its use. Act 3 public finance management act 2015 the public. Value added tax act, 20 act 870 communication service tax act, 2008 act 754 value added tax amendment no. Value added tax act, 20 an act to revise and consolidate the law relating to the imposition of the value added tax and to provide for related matters. This act, which repeals the existing vat act 1997 the 1997 act, will introduce fundamental changes to widen the. An act to consolidate and amend the law relating to income tax and for other connected purposes. South african institute of chartered accountants integritax newsletter income tax and vat acts online the income tax act, 1962, valueadded tax act, 1991 and other tax acts may be accessed on the sars website the consolidated income tax act is available, in a pdf version, under the tax heading on the university of pretoria, laws of sa consolidated legislation website. Valueadded tax act 2014 an overview briefing the commencement date of the vat act 2014 the new act, which received presidential assent on 11 december 2014, is now confirmed as 1 july 2015. The act also imposes tax at the rate of 5% on a nonresident. However in the current case there is no equivalent restriction on the contractors right to claim an input tax deduction on the supply. The value added tax act 2014 the united republic of tanzania no. The assumption seems to be that the contractor will not. Printed by uppc, entebbe, by order of the government.
A tax, to be known as a value added tax, shall be charged in accordance with this act on every taxable supply in uganda made by a taxable person. We highlight below the major proposed amendments for the financial year 20182019. Income tax and vat acts online the income tax act, 1962, valueadded tax act, 1991 and other tax acts may be accessed on the sars website. Vat is charged at a standard rate of 18% but some supplies are zero rated or exempt. The value added tax amendment bill, 2015 parliament watch. S 1, 7, 1618, 2021, 34, 41, 44, 55, 5859, 67, 69, 76, sch 12. The stamp duty act cap 480 amendment provisions will become effective 1 october 2018 proposed amendments to the vat act focus on the.
Passed by parliament and assented to by the president. Value added tax amendment act, 2012, 2012 uganda legal. Printed by uppc, entebbe by order of the government. National fiscal stabilisation levy amendment act, 2017 act 958 indirect tax law. Section i on 15th september, 2015 all other provisions. Uganda, has potential though difficult to estimate growth and poverty reduction benefits. Act 3 public finance management act 2015 the public finance management act, 2015. This act may be cited as the value added tax act, 20 and shall come into operation on such date as the cabinet secretary may, by notice in the gazette, appoint which date shall not be later than one month from the date of publication of this act in the gazette. Uganda, has potential though difficult to estimate growth and poverty reduction bene.
Citation and commencement 1 these regulations may be cited as the companies general regulations, 2015. Users and readers are therefore urged to bring to the attention of the undersigned, any. Arrangement of sections section part i preliminary. The vat amendment act 2015, initially considered only tax payable deemed on a taxable supply made by a contractor to a licensee undertaking mining or. Uganda issues guidelines on vat treatment of aid funded. Uganda budget highlights and quick tax guide 2015 diving deep. Our publication incorporates changes introduced by the 2015 budget speech. Act 1 companies act 2012 start a business in uganda with. Act 3 public finance management act 2015 the public finance. Uganda budget highlights and quick tax guide 2015 diving. Value added tax act 1996 uganda legal information institute. The consolidated income tax act is available, in a pdf version, under the tax heading on the university of pretoria, laws of sa consolidated legislation website.
Management act in 2015, but many stakeholders, including civil society organizations and line ministries, see these processes more as rituals than. The current vat act was passed into law on 2 september 20 and its implementation has. Tanzanias new value added tax vat act will come into force on 1 july 2015. See section 1 3 and 4 arrangement of sections section part ipreliminary i short title and commencement. In uganda, vat is imposed on the supply of goods and services taxable supplies made by a taxable person, other than exempt supplies. Dividends are generally subject to withholding tax where paid to residents or nonresidents at a rate of 15% or 10% where the payer is listed on the ugandan stoke exchange.
Sukuk has the meaning assigned to it in section 2 of the public finance management act, no. The act has been structured to capture vat on other forms of trade which were not captured by the current vat. Visit this page for an executive summary of ugandas tax structure and rates, by salestaxhandbook. The tax legislation covered in this reproduction include. This act shall come into force on 1st july, 2015, except section 11, which shall be deemed to have come into force on 1st january 2015. The pay now, argue later rule in terms of section 36 of the valueadded tax act prima facie infringes on a taxpayers right of access to the courts as envisaged in section 34 of the constitution. The value added tax regulations, 2017 timely update. Value added tax act, 2014 c value added tax act, 2014 an act to provide for the imposition assessment and collection of value added tax on the supply and importation of goods and services in the bahamas and for connected matters enacted by the parliament of the bahamas part i preliminary 1. To download, simply navigate to or search the legislation using the search field above.
It also includes references to changes in the practice of the uganda revenue authority where they are significant. Vat regulations 2017 the subsidiary legislation seeks to streamline the vat act with the tax procedures act 2015 and will assist in interpretation and implementation of the vat act 20. The value added tax act, 2014 arrangement of sections section title part i preliminary provisions 1. An act of parliament to impose a tax to be known as value added tax on goods delivered in, or imported into kenya. Amended by valueadded tax amendment act 61 of 1993. The proposed amendments come into effect on 01 july 2018. Act 5 value added tax amendment act 2015 the value added tax amendment act, 2015 arrangement of sections section 1. Provisions regarding the income tax act ita cap 470 and value added tax act vat act cap 476 became effective retroactively on 1 july 2018. Part ii imposition of value added tax a imposition and exemptions 3. Ninth schedulefees payable under the act in exercise of the powers conferred by section 1022 of the companies act, 2015, the attorney general makes the following regulations.
Except as otherwise provided in this act, the tax payable. Valueadded tax act 89 of 1991 south african government. On 18 july 2018, kenyas president assented to the tax laws amendment act, 2018. The value added tax act, in this act referred to as the principal act, is amended in section 1 a by inserting immediately after paragraph d the following 2 act 5 value added tax amendment act 2015. In this act, unless the context otherwise requires. Uganda has a national valueadded tax vat of 18% as of 2020, administered by the uganda revenue authority. Some changes may arise when the finance bill 2015 and subsequently the finance act 2015 are published. This act shall come into force on 1st july 2012, except section 4c which shall come into force on 1st october, 2012. This hand book titled domestic tax laws is primarily intended for internal use by officers and staff of the uganda revenue authority. Value added tax 7 issue 1 chapter 476 value added tax act date of assent. Memorandum the object of this bill is to amend the value added tax act, cap 349 to provide for persons engaged in midstream petroleum. Act xv of 2016, legal notice 347, 348 of 2017, 9 of 2018,163 of 2018, 297 of 2018, 298 of 2018 299 of 2018,434 of 2018 and vii of 2019. The value added tax amendment bill 2016 this is similar to the provision that was introduced in 2015 for supplies to mining and petroleum licensees.
Special rules for certain sectors such as insurance and telecommunications. The charges for mobile money transfer services are set to increase following the introduction of excise duty to be levied on the charges payable by the consumer of the service, excluding vat and excise duty chargeable under the vat act and excise tariff, respectively. The value added tax act 1998 act 21998 date in force. The reprint consolidates the income tax act, cap 340, the value added tax act, cap 349 and statutory instruments made thereunder since the revised edition of the laws of uganda 2000. Although great care has been taken to ensure that it reflects the correct wording and numbering of the income tax act, cap. Jul 01, 2015 tanzanias new value added tax vat act will come into force on 1 july 2015.
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