147,892 new taxpayers registered by URA in first quarter of 2022/23
The statistics, which are contained in the URA Performance Report for the first quarter of the current financial year (July-September 2022), represent a growth of 5.65%.
KAMPALA - At least 147,892 new taxpayers were added to the taxpayer register during the period under review, the Uganda Revenue Authority (URA) has said.
The statistics, which are contained in the URA Performance Report for the first quarter of the current financial year (July-September 2022), represent a growth of 5.65%.
Representing the report on Thursday, 27 October 2022, URA Commissioner General John Musinguzi Rujoki said at the end of September 2022, the taxpayer register had 2,765,900 taxpayers.
Of these, 174,020 are non-individuals, and 2,591,880 are individual taxpayers.
He said the registration performance is attributed to key initiatives like Tax Education and sensitisation, Taxpayer Register Expansion Program (TREP), Data analysis from third-party data, stakeholder engagements and using the URA mobile taxpayer office, the Tujenge bus, to reach taxpayers where URA doesn’t have permanent offices.
According to the report, the customs countrywide enforcement operations during the period of July to September 2022 led to a recovery of UGX 23.32 billion as a consequence of 2,564 seizures.
“2,005 seizures were from dutiable goods, and 559 seizures were from non-dutiable goods,” the report indicates.
Revenue recovered from specific offences was as follows: under-declaration 40.07 percent; other offences 34.64 per cent; mis-description/false documentation 11.40 percent; undervaluation 5.77 per cent; outright smuggling 6.25 per cent; misclassification at 1.67 per cent and concealment 0.21 per cent.
The riskiest goods during the period under review were: assorted items, textiles, garments, footwear, bags, used Items, motor vehicle spares, hardware and network cables.
Overall, URA surpassed its revenue collection target for the first quarter of Financial Year 2022/2023.
Musinguzi said in the first quarter of July to September, net revenue collections were UGX 5.418.60 trillion against a target of UGX 5.132.17 trillion, resulting in a UGX 286.44 billion surplus.