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Filling Uganda Tax Returns
by haura bbosa
Question How do l prepare for tax returns.
If you own a Uganda Business are required to include in the return a statement of income and expenditure, assets and liabilities, and any information that comprises a complete set of financial statements for a given year of income.
A tax computation showing how the chargeable income and the tax payable were arrived at should also be attached.
Where a person (other than the taxpayer’s employee) is engaged to assist in making a return, he/she must make a declaration that the financial statements included in the return are prepared on the basis of books of accounts and business records properly maintained, and that they reflect all the transactions.
This information is submitted to Uganda Revenue Authority.
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