Uganda Clarifies Effective Date of Rental Income Tax Amendment for Non-Standard Tax Years

The Uganda Revenue Authority has reportedly issued a clarification regarding the effective date of the changes to the taxation of rental income introduced as part of the 2021-22 Budget Measures. As previously reported, the changes include that deductible expenses and losses allowed to persons earning rental income are fixed at 75% of the rental income for both individuals and companies, resulti…
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