{"id":481612,"date":"2025-06-17T15:18:20","date_gmt":"2025-06-17T15:18:20","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/06\/17\/uganda-targets-10-33-billion-in-tax-revenue-for-the-2025-2026-fiscal-year\/"},"modified":"2025-06-17T15:18:26","modified_gmt":"2025-06-17T15:18:26","slug":"uganda-targets-10-33-billion-in-tax-revenue-for-the-2025-2026-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/06\/17\/uganda-targets-10-33-billion-in-tax-revenue-for-the-2025-2026-fiscal-year\/","title":{"rendered":"Uganda targets $10.33 billion in tax revenue for the 2025-2026 fiscal year"},"content":{"rendered":"
<\/div>

The Ugandan government aims to collect $10.33 billion in taxes during the financial year starting in July, Finance Minister Matia Kasaija said. The finance minister explained that the $20.07 billion budget will be primarily funded by Ugandans through taxes.<\/p>\n

“The government plans to collect $10.33 billion (37,200 billion UGX) in domestic revenue for the 2025-2026 fiscal year. This will finance about 60% of the national budget. The rest of the budget will be financed through borrowing and grants,” said the minister, speaking about the budget on June 12, 2025, in front of parliament.<\/p>\n

This will be achieved, he specified, by expanding the tax base, fighting corruption within the tax authority (URA), and combating smuggling at border points, among other measures.<\/p>\n

In order to increase revenue collection, the government has proposed $10.43 billion to be collected at the national level, including $9.42 billion in tax revenue, $910 million in non-tax revenue, and $91.2 million in local government revenue. In addition, there are projections for domestic borrowing ($3.16 billion), domestic debt refinancing ($2.78 billion), subsidies and foreign borrowing ($577 million), among others.<\/p>\n

“The financing strategy for the next financial year involves introducing new tax measures to increase domestic revenue by $149.4 million (538.6 billion UGX),” Minister Matia Kasaija said.<\/p>\n

Uganda’s 2025\/26 budget has introduced several tax reforms aimed at expanding revenue base and encouraging investment. One highlight is a 3-year tax exemption for startups with capital below $500 million.<\/p>\n

The government has also increased excise duties on fuel and tobacco, while introducing VAT on certain agricultural inputs and in-kind social benefits. The reforms also include stricter compliance measures, including the use of national identity cards as tax identifiers.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The Ugandan government aims to collect $10.33 billion in taxes during the financial year starting in July, Finance Minister Matia Kasaija said. The finance minister explained that the $20.07 billion budget will be primarily funded by Ugandans through taxes. “The government plans to collect $10.33 billion (37,200 billion UGX) in domestic revenue for the 2025-2026<\/p>\n","protected":false},"author":537202,"featured_media":481613,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996],"tags":[],"class_list":["post-481612","post","type-post","status-publish","format-standard","has-post-thumbnail","category-finance-en","pmpro-has-access"],"yoast_head":"\nUganda targets $10.33 billion in tax revenue for the 2025-2026 fiscal year - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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