EFRIS: Accountant Gives Perspective as URA Vows to Maintain Enforcement

The Uganda Revenue Authority-URA has warned the business community against misinterpreting the President’s directive on EFRIS (Electronic Fiscal Receipting and Invoicing Solution). URA says the President’s directive did not stop the implementation of EFRIS and urges the taxpayers to continue using the system. “Currently, all VAT-registered taxpayers are mandated to use EFRIS, and URA will…

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Traders Set to Resume Business Operations After Productive Talks with President Museveni

President Yoweri Kaguta Museveni engaged in a significant dialogue today with the leadership of traders from Kampala and various upcountry districts at State House Entebbe. This session followed a recent strike staged by traders, who temporarily shuttered their businesses in protest against the Uganda Revenue Authority (URA)’s rollout of the Electronic Fiscal Receipting and Invoicing…

Jinja Traders Join Strike Against EFRIS

Jinja Traders Association-TA have joined the nationwide strike by closing shop to protest the enforcement of the Electronic Fiscal Receipting and Invoicing Solution-EFRIS. Traders say that, EFRIS is a form of taxation that will lower their customers’ purchasing power and over time create unfair business regimes, with frustrated individuals falsifying tax returns for survival. They…

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UDB In Joint Partnership With Top Institutions to Train Women, Youth Entrepreneurs

291 enterprises across the country are to benefit from the first phase of the Enterprise Development Program that commenced Tuesday, courtesy of Uganda Development Bank and other organisations.  The program’s focus is on training in management best practices, debt management, good governance, record keeping, and financial management among others, areas that are considered critical for…

UNBS Hosts EAC Meeting to Harmonise Procedures for Calibration and Verification of Road Tankers

The Uganda National Bureau of Standards (UNBS) is hosting Partner States from the East African Community (EAC) to develop harmonised procedures for calibration and verification of road tankers, to facilitate trade. This is in line with the UNBS mandate of ensuring fairness in trade and precision in industry through reliable measurement systems.  Road tankers are vehicles with mounted…

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