Theme: “Positioning for Growth: Budget Implications for International Trade and Investment in Uganda”
“On behalf of the NUTIP_ Kampala Board, Anna Grodzki extended our sincere appreciation to our partners at AmCham Uganda, British Chamber of Commerce Uganda, and French Chamber of Commerce Uganda – FCCU for their continued collaboration, Together, we are advancing impactful policy advocacy, expanding market access, and fostering responsible private sector growth in Uganda.
This cross-chamber engagement demonstrates what is possible when like-minded institutions work strategically toward shared objectives, supporting economic dialogue, enhancing business networking, and shaping a more sustainable economic future”.
We were proud to represent NUTIP_ Kampala alongside our partners during a high-impact morning of discussions focused on Uganda’s FY 2025/26 national budget, tax reforms, and ESG priorities.
🔹 Key Highlights from the URA Fireside Chat
Uganda Revenue Authority (URA) is adopting a fully digital and proactive compliance model in 2025:
✅ Mandatory use of EFRIS for all sales
✅ Timely filing of all tax returns
✅ Accurate and updated record keeping
✅ Engage URA for clarity when in doubt
✅ Early compliance to avoid penalties
🆕 Startups established after July 1, 2025, may be eligible for a three-year income tax exemption pending clarity on the definition of “investment capital.”
📌 Enhanced enforcement will rely on EFRIS, Digital Tax Stamps, and reduced VAT exemptions.
🔹 Tax Proposals Presented by Grant Thornton (Uganda) a NUTIP member:
Income Tax: Rollover relief for restructuring; new withholding tax on digital services
VAT: Removal of select exemptions (e.g., billets); updates on solar and biomass classifications.
Excise Duty: Increased rates on plastics, juices, and beer; new levies on bran and construction materials.
Tax Procedure Code (TPC): Use of NINs/BRNs as TINs; waiver of penalties if principal tax is paid by June 2026.
🔹 Environmental & Social Governance (ESG) Outlook
Shared by Atacama Consulting 🍃👷🏾♀️🦺, a NUTIP member:
🟢 Integration of ESG principles into agro-industrialization, mining, and tourism.
🟢 Call for cross-sectoral climate budgeting and private-sector mobilization for green finance.
This event reaffirmed the value of united dialogue between the private sector and government in shaping sustainable growth, enhancing policy alignment, and driving business competitiveness.
Special thanks to our sponsors & panelists :
Grant Thornton (Uganda), Atacama Consulting 🍃👷🏾♀️🦺, Bank of Africa – Uganda, and Standard Chartered, as well as all panelists and speakers who made this event impactful.