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Home BUSINESS

URA extends return filing deadline for December returns

JAVIRA SSEBWAMI | PML Daily Staff Writer by JAVIRA SSEBWAMI | PML Daily Staff Writer
January 21, 2021
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Mr. John Rujoki Musinguzi, the URA Commissioner General (PHOTO/Courtesy).

KAMPALA — Uganda Revenue Authority (URA) has further extended the return filing date from January 15, 2021 to January 22 2021, for the returns of the month of December 2020.

Mr. Ian Rumanyika
Ag. Assistant Commissioner Public and Corporate Affairs (URA) confirmed the development— following an extension from the law stipulated date of January 15 2021.

According to section 16 (8) of the Tax Procedures Code (TPC) Act, the applicable time frame for lodging a return, in case of Gaming tax, Withholding Tax (WHT), Pay as You Earn (PAYE), Value Added Tax (VAT) and local Excise duty, for each tax period, shall be within fifteen days after the end of the tax period.

The Commissioner is the Custodian of domestic tax laws and the TPC Act, in Section 16 (1), grants him/her the right to prescribe the form and determine the manner in which returns should be filed.

Rumanyika said it’s upon this backing that the Commissioner deemed it fit to grant an extension for filing returns for the month of December 2020.

The allowance is a business facilitation measure to encourage tax compliance in recognition of the exceptional circumstances where Ugandan business owners failed to meet the return filing deadline during the election period.

Rumanyika said taxpayers should note that taxes due for filing are Gaming tax, Withholding Tax (WHT), Pay as You Earn (PAYE), Value Added Tax (VAT) and local Excise duty.

“We encourage taxpayers to take advantage of this window of grace by making all outstanding payments and complying to avoid penalties and interest associated with failure to file returns and payment of these taxes,” Rumanyika added.

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Tags: Ian RumanyikatopURA

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