Tax Waiver in Uganda: Young Business Owners Demand Incentives

Tax Waiver in Uganda: Young Business Owners Demand Incentives
  • Youths in Uganda raise the urgency for the government to reduce their tax burdens

Tax waiver in Uganda as a phenomenon is becoming popular since the outbreak of the Covid-19 pandemic as a tool to ease the effect posed on the nation’s economy.

In a nationwide approach, youths across the different parts of Uganda have jointly requested the government to look into granting their small businesses a tax waiver and cut in line with the Parish Development Model, PDM.

The youths in making their request known in a recent plenary meeting of the fifth National Youth Parliament explained that many enterprises owned by youth have collapsed in recent times due to the global economic trend and final burdens from different tax obligations.

Also, the youths bemoaned the current high taxes in the system which they collectively agreed that it is capable of discouraging businesses.

As talks progressed in the meeting held recently, the youths unanimously call for the government to include them in the PDM, ensuring that their business interest is protected. The need for the government to also increase the monies allocated to them in the PDM is also very important.

Above all, the Youth Parliament resolved that government either provides 30% of the total PDM budget to the youth or provides Shs100 billion as annual capitalization of the Youth Livelihood Fund.

Tax Waiver in Uganda: More Reaction from the youths.

The recently plenary session is just a one-off of the many reactions that the PDM has attracted. Here are some from Ugandan youths via Twitter as gathered by Africataxreview.com.

https://twitter.com/RupinyRadio/status/1554448098377797634

Tax Waiver in Uganda: Random Statements from Plenary

Jackline Namutebi from the central region submitted thus:

“I am a farmer but you find the taxes on inputs are the same for us as the other established farmers. We would request that taxes are reduced for the youth,”

Prisca Akello, youth representative, Kitgum District submitted thus:

“This country has youth leaders at all levels but when you go to the committees of PDM in different parishes there is deliberate efforts to sideline youth leaders from decision making,”

Vicky Namugabe from Sironko submitted thus:

“Even the 30 per cent for the youth is not 30 per cent of PDM money but a fraction of money meant for PDM groups,”

More Pictures from the Parliament

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