“We must widen the tax net so that everyone eligible to pay tax, including the informal sector, pays tax. In Uganda, the presumptive tax rate has been three per cent since 2014. Farmers are now being targeted to pay tax. Through the proposed presumptive tax, the State will impose an advance levy on businesses that operate informally and without proper documentation. “Mr Speaker, I have received a very clear message that everybody must pay taxes,” said Rotich early in his 2016-17 Budget speech presented to a packed Parliament.

Source: Standard Digital June 09, 2016 21:00 UTC