Coming to you live from Ssendaula Auditorium at the #URATower, the Commissioner General of URA - John R Musinguzi (@URA_CG) is unpacking the Half-Year Revenue Performance for the FY 2022/23.
In this thread are key highlights of his #URAPressBrief23 report.
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "The target for July to December 2022 was UGX 11,764.83 billion representing 46.78% of the annual target. The net revenue collected was UGX 11,670.03 billion representing 46.40% of the annual target."
- @URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "Whereas there was a slight shortfall of UGX 94.80 billion, the general performance was 99.19%. This performance also shows a substantial growth in revenue of UGX 1,506.83 billion (14.83%) compared to the same period last Financial Year 2021/22"
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "Gross Domestic revenue collections from July – Dec 2022 were UGX 7,470.03 billion against a target of UGX 7,450.71 billion, resulting in a slight surplus of UGX 19.32 billion. A performance of 100.26% and a growth of UGX 1,240.35 billion (19.91%) "
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "Direct domestic taxes registered a surplus of UGX 84.74 billion, Non-tax revenue posted a surplus of UGX 171.08 billion while indirect domestic taxes posted a shortfall of UGX 236.50 billion."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca Major surpluses were registered in PAYE (UGX 225.85 Bn), casino tax (UGX 29.33 Bn), rental tax (UGX 17.06 Bn) and tax on bank interest (UGX 8.80 Bn).
Shortfalls were incurred in withholding (UGX 63.78 billion), Corporate tax (UGX 59.08 Bn), and treasury bills (UGX 39.31 Bn).
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "The PAYE performance was due to growth in the wage bill witnessed by companies whose PAYE in-creased due to increased staff numbers and arrear management recovery initiatives. Bonus and gratuity payments by some companies to their staff also resulted into extra PAYE."
-@URA_CG
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "The operational teams' intensive compliance focused field activities included constant tax-payer engagements and education, enforcement of (EFRIS) and Digital Tax Stamps (DTS) supported timely and improved accuracy in the declaration for VAT and LED."
-@URA_CG
#URAPressbrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "Increase in Rental income tax is attributed to enhanced compliance initiatives such as deployment of the Rental Tax Compliance System, intensified field inspections and close monitoring of the arrears rental portfolio."
-@URA_CG
#URAPressBrief23
📸Independent Magazine
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "Additionally, this sector is recovering as companies are increasing the supply of prime office space due to the economy's full operationalization and people returning from the arrangement of working from home."
-@URA_CG
#URAPressBrief23
📸Lamudi Uganda
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca "The Non-Tax Revenue performance is attributed to enforcement on payment of arrears for express police penalties and increase in demand for government services such as business registration,work permits and tourist visas among others."
-@URA_CG
#URAPressBrief23
📸@UGIndependent
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The shortfall in Withholding tax is partly due to reduced budget releases for the various Government entities for Quarter one and Quarter two, preventing them from paying some of their suppliers."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Gross International taxes collections from July – December 2022 were UGX 4,453.85 billion against a target of UGX 4,563.95 billion, rep-resenting a performance of 97.59%."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Whereas the customs tax collections were UGX 110.10 billion below the target, there was a realized growth in revenue of UGX 377.73 billion (9.27%) compared to the same period last financial year."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Surpluses were registered in; import duty (UGX 23.75 billion), sur-charge on imports (UGX 1.06 billion) and Temporary Road License (UGX 16.10 billion)."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The good performance of import duty is attributed to increase in imports of goods that attract import duty. For example; personal motor vehicles increased by UGX 113.06 billion, worn clothing increased by UGX 29.39 billion....."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "...palm oil increased by UGX 97.30 billion, wheat/meslin increased by UGX 170.46 billion, motorcycles increased by UGX 40.98 billion and petroleum oils increased by UGX 17.80 billion among others."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The surcharge on imports was due to the increase in tax paid by key imported items like; personal motor vehicles by (UGX 3.69 Bn), worn clothing by (UGX 2.74 Bn), passenger motor vehicles by (UGX 0.12 Bn), motorcycles by (UGX 0.05 Bn) and electric/water heaters by (UGX 0.01 Bn)
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Performance of petroleum duty was affected by reduction in diesel and Kerosene fuel import volumes by 8.07% (41.54 million litres) and 9.79% (2.46 million litres) respectively."
-@URA_CG
#URAPressBrief23
📸Shell Uganda
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Much as there was overall growth in fuel volumes by 4.2% (45.68 million litres) precipitated by growth in petrol by 12.98% (63.87 million litres), this didn’t offset the decline in diesel and kerosene."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "In addition, petrol stations did not perform as expected because of the importation of fuel through Tanzania in preparation for the August 2022 election in Kenya. "
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent The fuel was purchased expensively due to the increase in the cost of transportation but had to be sold at a loss as the international oil prices declined during the same period, which affected the profit margin. This created a contraction behaviour in the subsequent months.
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent Other shortfalls in international trade tax collections were due to major decreases in the tax yield registered in imported goods like; goods motor vehicle, Portland cement, new pneumatic tyres, beet sugar, a flat rolled product of alloy steel, etc.
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent Increase in the import goods that enjoy preferential treatment and exemption like; the semi-finished product of alloy steel worth UGX 82.83 Bn, other furnishing articles of UGX 82.87 Bn and cleaning/milling machinery worth UGX 38.44 Bn.
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Uganda’s imports amounted to UGX 15,113.86 billion posting a growth of 19.04% (UGX 2,417.27 billion) compared to the same period last financial year."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The top imported items that registered an increase were gold, palm oil, medicaments, wheat/meslin, persons motor vehicles, polymers, polyethers, motorcycles, insecticides, worn clothing and rolled iron/non-alloy steel among others."
-@URA_CG
#URAPressBrief23
📸Dura Motors Ltd
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Noticeable reductions in imports were in vaccines, Portland cement, goods motor vehicle, rice, sorting machinery, the flat rolled product of alloy steel, new pneumatic tyres, and other footwear among others."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The top five sources of Uganda’s imports were China, India, Kenya, Zimbabwe and Japan."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent Uganda’s exports to the rest of the world amounted to UGX 4,235.74 Bn. This was an increase of 7.13% - UGX 281.75 Bn compared to the same period last financial year. This significant growth of exports was due to improved economic recovery from the COVID pandemic
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The top exported items were; coffee, tea, beet sugar, iron/steel bars, wheat/meslin, salted/dry fish, mineral waters, other manufactured tobacco, grain sorghum, brans/sharps, other residue Viner sheets among others."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "A decrease in exports was registered in fish fillets, mushrooms, cocoa beans, milk and cream, rolled iron/non-alloy steel, dried leguminous vegetables, articles of plastics and beauty make-up."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The 5-leading destination for Uganda’s exports were South Sudan, Italy, DRC, Kenya, and Germany."
-@URA_CG
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "Uganda’s re-exports to the rest of the world amounted to UGX 735.15 billion. This is an increment of 8.99% (UGX 60.62 billion) compared to same period last financial year."
@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent "The top re-exported items were; palm oil, bulldozers, goods motor vehicle, persons motor vehicles, wheat/meslin, bread/pasty cakes, tractors, prepared tomatoes and petroleum oils among others."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent The top five performing sectors were 📌
"The wholesale and retail trade sector had the biggest contribution, which amounted to UGX 3,300.86 billion (27.68%)."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent The top five performing sectors were 📌
"The manufacturing sector followed with a contribution of UGX 2,702.90 billion (22.67%)."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent The top five performing sectors were 📌
"The financial activities contributed UGX 1,225.02 billion (10.27%)."
-@URA_CG
#URAPressBrief23
@URA_CG @IBbossa @RytterM @SRKimbugwe @RWLumanyika @GCICUganda @UgandaMediaCent @davidbalinda14 @albertKatruGuma @JonahRuhima @anan_prisca @UGIndependent The top five performing sectors were 📌
"The Information and communication sector contributed UGX 824.85 billion (6.92%)."
- @URA_CG
#URAPressBrief23
📸Kampala Post
The top five performing sectors were 📌
"Public administration, defense, compulsory social security contributed UGX 453.81 billion (3.81%)."
- @URA_CG
#URAPressBrief23
📸@nssfug
@URA_CG @nssfug "Wholesale and retail trade; repair of motor vehicles and motorcycles and Manufacturing registered the highest absolute growth of UGX 289.54 billion (12.00%) and UGX 269.85 billion (8.90%) respectively."
-@URA_CG
#URAPressBrief23
📸Walusimbi's Garage
@URA_CG @nssfug "The arts, entertainment and recreation sector had the highest proportionate growth of UGX 69.60 billion (186.25%)."
-@URA_CG
#URAPressBrief23
📸@MBU @Swangz_Avenue @AzawiOfficial
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial "The growth in the arts, entertainment, and recreation sector, was mainly due to gambling and betting activities that grew by UGX 35.25 billion (86.69%) and the creative, arts and entertainment activities by UGX3.37 billion (52.68%)."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial "At least 449,975 new taxpayers have been added to the taxpayer register during the period representing a growth of 17.19% against a targeted growth of 8.50%."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial "By 31st December 2022, the taxpayer register had 3,067,983 taxpayers. Of these, 180,486 were non-individuals and 2,887,497 were individual taxpayers."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial "The registration performance is attributed to key initiatives like tax education and sensitization, Taxpayer Register Expansion Program (TREP), Analysis of Data, stakeholder engagements and usage of the Tujenge Uganda mobile tax offices to reach our taxpayers."
-@URA_CG
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial "The total arrears stock as at end of Dec 2022 was UGX 4,698.28 billion, of which domestic tax arrears portfolio was UGX 4,228.12 Bn while customs arrears portfolio was UGX 470.16 Bn.
The total recoveries for the period of July to December 2022 were UGX 561.95 Bn."
-@URA_CG
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial "Customs country wide enforcement operations during the period of July to December 2022 led to a recovery of UGX 57.21 billion because of 5,734 seizures.
From these seizures, 4,503 were from dutiable goods and 1,231 were from non-dutiable goods."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs "The most at-risk goods were: assorted items, garments, footwear, textiles, motor vehicle spares, hair, hardware, used Items and bags."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs "From July to December 2022, UGX 59.79 Billion was recovered from tax dispute resolution mechanisms against a target of UGX 40.00 Billion hence a performance of 149.48%."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs The investigations division utilized several compliance enhancement measures like intelligence gathering, investigation, information sharing, scientific analysis, and forensic document inspection, to detect and deter tax fraud and systematic noncompliance.
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs "As a result of the efforts of the Tax Investigation Division , eighty (80) cases involving UGX 98.84 Billion in recoverable revenue were closed."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs "There are now 957 clients on the DTS register, representing 751 manufacturers and 206 importers. More inspections are being performed to bring in more customers. This leads to increased Local Excise Duty (LED) registration and consequently improved declarations."
-@URA_CG
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs "As at 31st December 2022, the total EFRIS register stood at 57,588 taxpayers out of which 31,890 are VAT-registered taxpayers and 24,455 not VAT registered."
-@URA_CG
#URAPressBrief23
@URA_CG @nssfug @MBU @Swangz_Avenue @AzawiOfficial @URA_Customs "Effective 1st Feb 2023, we shall launch the deployment of EFRIS APP on desktops, this will greatly enhance the roll out of EFRIS. The mobile APP is also under development and will soon be released."
-@URA_CG
#URAPressBrief23
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