Four government institutions under Tax Payer Expansion Program (TREP) have partnered to widen the tax base.
The institutions that joined hands since June 2015 include Uganda Registration Services Bureau (URSB), the Kampala Capital City Authority (KCCA), Uganda Revenue Authority (URA) and the Ministry of local government.
The Uganda Revenue Authority (URA) commissioner general Doris Akol during a press conference at Hotel Africana on Thursday morning, said that different categories of taxes and fees have been administered under TREP.
They include; presumptive tax, withholding tax, rental tax, local service tax, and business name and company registration, among others.
Akol added that TREP program has so far collected sh47.6 billion in revenue since the coalition operations begun for the financial year 2015/16.
TREP has also registered more than 134,332 tax payers under the program since July this year.
The coalition is expecting to collect about Sh420 billion by the end of the financial year 2018/19.
While talking about how locals can benefit from TREP, Akol said business expansion opportunities, claiming tax credits, obtaining legal status, safeguarding business names among others are some of the benefits of registering one’s business with TREP.