MOFPED and URA Agree on Target of 20% Tax to GDP Ratio by FY 2029/30

Finance Minister Henry Musasizi has met the Chairman of the Board of Directors of Uganda Revenue Authority Emmanuel Katongole together with the Senior Management Team led by the Commissioner General of Uganda Revenue Authority John Musinguzi.
The meeting focused on revenue enhancement measures for financial year 2026/27 to 2029/30.
The Minister said the strategic direction of URA is consistent with government ambition of raising the tax to GDP ratio which now stands at only 14.2%, adding that he is ready to work with URA to ensure that the target of 20% is achieved.

Musasizi said URA must put in place strategies to ensure that all Ugandans with taxable income pay their fair share of taxes, adding that paying tax should not be a burden to the few Ugandans who are tax compliant.
The Chairman of the URA Board in his remarks called for data integration between Ministries, Departments and Agencies (MDAs) and URA for revenue assurance, a centralized internal container depot (ICD) at Namanve to effectively facilitate trade and minimize cost, delay and revenue risk. He also highlighted the need to review the double taxation agreements which limit Uganda’s taxing rights.

The URA Commissioner General said revenue mobilization is a shared national responsibility, adding that with coordinated action, stronger compliance, better sector visibility and sustained government support, Uganda can close the revenue gap and finance its development priorities.
The Minister of State for Privatisation and Investment, Aminah Mukalazi also attended the meeting. She asked URA to intensify tax education across the country, expand the tax base, promote formalization and also ensure that the URA staff are not engaged in corruption.