Effective 1 July 2026, the Uganda Revenue Authority commenced implementation of the Domestic Taxes Taxpayer Compliance Risk Management Strategy and Compliance Improvement Plan for the financial year 2026/27. The strategy adopts a risk-based approach to enhance voluntary compliance, leveraging data analytics, third-party information, and sector-specific interventions. It outlines priority sectors, compliance activities, and enforcement measures for non-compliant taxpayers.
Key Takeaways
- Risk-Based Segmentation: Taxpayers are categorized into high, medium, and low risk based on compliance history, economic sector, and data anomalies, determining the intensity of audits and verifications.
- Sector-Specific Focus: Priority sectors include real estate, professional services, digital economy, and high-value imports, with tailored compliance campaigns and targeted audits.
- Enhanced Data Utilization: URA will expand use of EFRIS data, bank records, customs data, and international exchange of information to detect undeclared income and VAT fraud.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement