• Home
  • National
    • Politics
    • Global
    • East Africa
    • Featured
    • Health
    • Investigations
    • Science
    • Security
    • Tech
  • News
  • Business
  • Entertainment
    • Lifestyle
  • Sports
    • Basketball
    • Football
    • Gaming
    • Golf
    • Netball
    • Volleyball
  • Exclusive
  • Travel
  • About us
Thursday, September 24, 2026
  • Login
  • Register
UG Bulletin
Advertisement
  • Home
  • National
    • Politics
    • Global
    • East Africa
    • Featured
    • Health
    • Investigations
    • Science
    • Security
    • Tech
  • News
  • Business
  • Entertainment
    • All
    • Movie
    • Music
    Club Canvas On the Move turns on Mbarara

    Club Canvas On the Move turns on Mbarara

    Club Pilsener takes Club Canvas on the road to Mbarara

    Club Pilsener takes Club Canvas on the road to Mbarara

    Club Pilsener brings Kigali, Kampala together at Afro Urban music showcase

    Club Pilsener brings Kigali, Kampala together at Afro Urban music showcase

    Young designers showcase talent at second Inter-University Fashion Challenge

    Young designers showcase talent at second Inter-University Fashion Challenge

    DJ Dread Lazer: The Makerere graduate who turns up Kampala’s nightlife

    DJ Dread Lazer: The Makerere graduate who turns up Kampala’s nightlife

    Afro Urban brings Kigali and Kampala together at MoTIV

    Afro Urban brings Kigali and Kampala together at MoTIV

    Vinka and the making of Uganda’s very own star who refused to fade

    Vinka and the making of Uganda’s very own star who refused to fade

    Ray G delivers electrifying performance at his biggest concert ever

    Ray G delivers electrifying performance at his biggest concert ever

    Uganda Waragi makes way for Ray G

    Uganda Waragi makes way for Ray G

    • Lifestyle
  • Sports
    • Basketball
    • Football
    • Gaming
    • Golf
    • Netball
    • Volleyball
  • Exclusive
  • Travel
  • About us
No Result
View All Result
  • Home
  • National
    • Politics
    • Global
    • East Africa
    • Featured
    • Health
    • Investigations
    • Science
    • Security
    • Tech
  • News
  • Business
  • Entertainment
    • All
    • Movie
    • Music
    Club Canvas On the Move turns on Mbarara

    Club Canvas On the Move turns on Mbarara

    Club Pilsener takes Club Canvas on the road to Mbarara

    Club Pilsener takes Club Canvas on the road to Mbarara

    Club Pilsener brings Kigali, Kampala together at Afro Urban music showcase

    Club Pilsener brings Kigali, Kampala together at Afro Urban music showcase

    Young designers showcase talent at second Inter-University Fashion Challenge

    Young designers showcase talent at second Inter-University Fashion Challenge

    DJ Dread Lazer: The Makerere graduate who turns up Kampala’s nightlife

    DJ Dread Lazer: The Makerere graduate who turns up Kampala’s nightlife

    Afro Urban brings Kigali and Kampala together at MoTIV

    Afro Urban brings Kigali and Kampala together at MoTIV

    Vinka and the making of Uganda’s very own star who refused to fade

    Vinka and the making of Uganda’s very own star who refused to fade

    Ray G delivers electrifying performance at his biggest concert ever

    Ray G delivers electrifying performance at his biggest concert ever

    Uganda Waragi makes way for Ray G

    Uganda Waragi makes way for Ray G

    • Lifestyle
  • Sports
    • Basketball
    • Football
    • Gaming
    • Golf
    • Netball
    • Volleyball
  • Exclusive
  • Travel
  • About us
No Result
View All Result
UG Bulletin
No Result
View All Result
Home Business

URA waives penalties for undeclared customs goods

by Musa Mbogo
in Business
Reading Time: 1 min read
6
A A
0
URA directs to submit international tax information by May 31

URA towers

6
SHARES
78
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatAappShare by Email

Uganda Revenue Authority (URA) has announced a temporary waiver of penalties and fines for taxpayers with undeclared or falsely declared goods that were cleared through Customs, in a move aimed at promoting voluntary compliance and recovering outstanding principal tax revenue.

According to URA, the initiative gives affected taxpayers an opportunity to regularize their tax obligations without incurring additional financial sanctions, provided they pay the full principal tax amount due within the specified period.

“Under this initiative, taxpayers with undeclared or falsely declared goods are being allowed to regularize their tax status without facing additional financial penalties and fines,” URA said in a public notice.

The tax authority clarified that the waiver applies only to consignments that were declared and cleared through Customs, with all outstanding taxes fully paid by the close of business on June 30, 2026.

To benefit from the waiver, taxpayers are required to submit a fully signed Request to Settle Offence (Form C35) together with a signed Compounding Agreement.

URA emphasized that the relief measure is conditional and is intended to encourage sustained compliance beyond the waiver period.

“Please note that this waiver is conditional upon the taxpayer’s express commitment to remain compliant in all subsequent periods,” URA management stated.

The authority further noted that the waiver does not apply to outright smuggled goods and is strictly limited to cases involving undeclared or falsely declared imports that had already gone through Customs clearance.

The initiative is expected to allow businesses to regularize past customs declarations while enabling the government to recover unpaid revenues without relying on prolonged enforcement measures.

Tags: business complianceCompounding AgreementCustomscustoms declarationscustoms offencesfalsely declared goodsForm C35government revenue collectionimported goodsimportersJune 30 2026 deadlinepenalty waiverprincipal taxTax compliancetax revenue recoverytax waiverUganda Revenue AuthorityUganda taxesundeclared goodsURAvoluntary compliance
Share2Tweet2ShareSendSend
Musa Mbogo

Musa Mbogo

Recommended

Prizes worth over shs3bn up for grabs as Plascon launches 14th edition of its paint and win campaign

Prizes worth over shs3bn up for grabs as Plascon launches 14th edition of its paint and win campaign

October 1, 2025
67
Pope Leo XVI reassigns Vatican envoy to Uganda

Pope Leo XVI reassigns Vatican envoy to Uganda

May 22, 2025
178

Popular News

  • How US linked Uganda’s Michael Katungi to plot to supply weapons worth shs207.5bn to Mexican drug cartel

    How US linked Uganda’s Michael Katungi to plot to supply weapons worth shs207.5bn to Mexican drug cartel

    8 shares
    Share 3 Tweet 2

Connect with us

About us

Join us on this journey as we continue to be your trusted source for the bold, accurate, and authoritative news, information, and knowledge you need to stay informed, engaged, and inspired. Uganda's stories are worth telling, and UG Bulletin is here to bring them to you.

Rotary 5-a-Side Tournament Raises Millions for Communities
Sports

Rotary 5-a-Side Tournament Raises Millions for Communities

What started as a modest football competition in 2015 has grown into one of the Rotary community fundraising events, with ...

September 23, 2026
Britam launches investment solution for children
Business

Britam launches investment solution for children

Ugandans are saving, but many are yet to translate those saving habits into concrete long-term financial plans, creating an opportunity ...

September 23, 2026
Museveni assures CAF of Uganda’s readiness for 2027 AFCON
News

Museveni assures CAF of Uganda’s readiness for 2027 AFCON

President  Museveni has assured the Confederation of African Football (CAF) that Uganda remains committed to completing preparations to co-host the ...

September 23, 2026
Airtel, Buganda renew partnership to enters new phase
Business

Airtel, Buganda renew partnership to enters new phase

Airtel Uganda and Buganda Kingdom have renewed their longstanding partnership, extending a collaboration focused on connectivity, sport, culture and community ...

September 23, 2026
Vivo Energy Uganda strengthens emergency readiness in 2026 safety campaign
Business

Vivo Energy Uganda strengthens emergency readiness in 2026 safety campaign

Vivo Energy Uganda, the company that markets and distributes Shell-branded fuels and lubricants in Uganda, has launched its 2026 annual ...

September 23, 2026

Category

  • Archives
  • Basketball
  • Business
  • East Africa
  • Entertainment
  • Exclusive
  • Fashion
  • Featured
  • Football
  • Gaming
  • General
  • Global
  • Golf
  • Health
  • Investigations
  • Lifestyle
  • Movie
  • Music
  • National
  • Netball
  • News
  • Opinions
  • Politics
  • Science
  • Security
  • Sports
  • Tech
  • Travel
  • Volleyball

Featured Articles

  • Trending
  • Comments
  • Latest
Tooro prime minister warns subjects against exposing kingdom’s dirty linen

Tooro prime minister warns subjects against exposing kingdom’s dirty linen

September 23, 2026
Court dismisses ex-minister Ssempijja’s election petition

Court dismisses ex-minister Ssempijja’s election petition

September 23, 2026
Rotary 5-a-Side Tournament Raises Millions for Communities

Rotary 5-a-Side Tournament Raises Millions for Communities

September 23, 2026
Britam launches investment solution for children

Britam launches investment solution for children

September 23, 2026
  • About
  • Activate
  • Activity
  • Blog
  • Cart
  • Checkout
  • Contact
  • Home
  • Home 2
  • Home 4
  • Home 5
  • Members
  • My account
  • Privacy Policy
  • Register
  • Sample Page
  • Shop
  • Terms of Use

© 2023 UG Bulletin - Bold, Accurate, Authoritative by Ultimate Multimedia Consult.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National
    • Politics
    • Global
    • East Africa
    • Featured
    • Health
    • Investigations
    • Science
    • Security
    • Tech
  • News
  • Business
  • Entertainment
    • Lifestyle
  • Sports
    • Basketball
    • Football
    • Gaming
    • Golf
    • Netball
    • Volleyball
  • Exclusive
  • Travel
  • About us

© 2023 UG Bulletin - Bold, Accurate, Authoritative by Ultimate Multimedia Consult.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.