On 1st April 2026, the proposed tax changes for the financial year 2026/2027 were tabled before the Parliament of Uganda for consideration.
We contributed to the 2026 Africa Virtual Assets Regulatory Guide, developed in collaboration with leading firms across the continent. This report offers a comprehensive overview of the evolving landscape of virtual asset regulation across Africa.
1. Introduction
In the recent past, the Uganda Revenue Authority (URA) has issued notifications to selected foreign service providers regarding compliance with Uganda’s tax rules on provision of digital services and electronic services to Uganda users. This proactive step is intended to enforce the Digital Services Tax (DST) regime which took effect in July 2023, and Value Added Tax (VAT) on electronic services regime which took effect in July 2021.
On 27th March 2024, the Minister of Finance, Planning and Economic Development tabled before the Parliament of Uganda the 2025 Tax Amendment Bills for deliberation and consideration. The Tax Bills, if passed into law by Parliament and assented to by the President of Uganda will become law with effect from July 2025 (except the tax proposal on Tax Identification Numbers – TINs).
In 2022, the Minister of Trade, Industry and Cooperatives (Minister) tabled before Parliament the Competition Bill, 2022 and after undergoing several revisions, it was assented to by the President on 2nd February 2024. In the past, there were only sector specific competition laws for example in the banking, telecommunications, and energy sectors therefore the Competition Act, 2023 (the Act) cures this by providing for Uganda’s first ever national law on competition.
ALN Uganda | MMAKS Advocates is delighted to announce the appointment of Godwin Kakande as a Partner in the Corporate Advisory practice with effect from 01 November 2023.
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Could Uganda Revenue Authority's general demand for customers account details from commercial banks have been handled better?
On 18 July 2022, the Ugandan High Court issued a landmark decision on the liability for loss suffered due to digital bank fraud in the case of Aida Atiku versus Centenary Rural Development Bank Limited, (the defendant/bank) Civil Suit No. 0754 of 2020. The case concerned an account holder with Centenary Bank who lost a substantial amount of the money that she had deposited in her account due to unauthorised transactions. The court was put to task to apportion liability for the loss suffered due to the unauthorised transactions.
