Overview:
Uganda Revenue Authority announces application period for Withholding Tax exemptions for 2025/2026 financial year, eligible taxpayers can apply online.
The Uganda Revenue Authority (URA) has announced that it will begin accepting applications for Withholding Tax (WHT) exemptions for the 2025/2026 financial year.
In a public notice issued on Tuesday, the URA said that eligible taxpayers can submit their applications online through the URA web portal from April 1 to May 31, 2025.
The move is aimed at encouraging compliance among taxpayers and promoting transparency in the tax system.
Who is eligible?
To qualify for the exemption, applicants must meet certain compliance requirements, including having a valid Tax Identification Number (TIN), being up-to-date on tax payments, and declaring all income sources.
The URA has also outlined a checklist of compliance requirements that applicants must meet, including filing individual returns, declaring employee remuneration, and paying taxes on time.
What are the benefits?
The WHT exemption will be valid for 12 months from July 1, 2025, to June 30, 2026. This means that eligible taxpayers will not be required to withhold taxes on certain payments, such as rent and dividends.
However, the exemption can be revoked if the taxpayer fails to comply with tax obligations during the year.
How to apply
Taxpayers can submit their applications online through the URA web portal. The application process involves logging into the portal, filling out the application form, and uploading supporting documents.
The URA has encouraged all prospective applicants to review their tax affairs and ensure compliance with relevant tax laws and procedures before applying.
The URA has said that it will continue to monitor the tax system and make adjustments as necessary to ensure fairness and transparency.