Museveni Suspends EFRIS Implementation – The Ankole Times

Museveni Suspends EFRIS Implementation

Saturday, April 20, 2024

President Museveni recently convened a meeting with traders at State House Entebbe, where he made a significant decision to suspend the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) with immediate effect. This decision comes in response to a five-day business closure by traders protesting against what they perceive as multiple taxation through the EFRIS system, introduced by the Uganda Revenue Authority (URA) to streamline tax collection processes. The meeting included leaders of traders from Kampala and other districts, providing a platform for them to voice their grievances directly to the President.

During the meeting, President Museveni attentively listened to the various issues raised by the traders. These issues encompassed concerns such as the high tax rates on textiles, unfair competition from manufacturers engaged in wholesale and retail, challenges with the implementation of EFRIS, and the demand for an increase in the Value Added Tax (VAT) threshold, currently set at an annual turnover of Shs 150 million.

Addressing the gathered traders, President Museveni posed thought-provoking questions, emphasizing the importance of supporting local industries and preventing capital flight. He urged traders to consider whether they wished to contribute to Uganda’s economic growth or inadvertently support foreign economies by trading primarily in goods imported from abroad. Museveni stressed the need to retain financial resources within Uganda, emphasizing that the country should not serve as a mere marketplace for foreign products.

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To address the concerns raised by the traders comprehensively, President Museveni announced his intention to conduct further research and consultation with relevant experts. He scheduled a follow-up meeting with the traders on May 7, 2024, at Kololo, where they would delve deeper into these issues and explore potential solutions.

In the interim, President Museveni issued a directive to the Uganda Revenue Authority (URA), instructing them to refrain from imposing penalties and enforcing the recovery of any previously issued penalties. However, taxpayers are expected to continue fulfilling their tax obligations as usual during this period of suspension.

The President expressed appreciation for the traders’ willingness to reopen their businesses while constructive dialogues and solutions are pursued. According to a state house statement, this temporary suspension of EFRIS implementation reflects a proactive approach by the government to address the concerns of traders and foster an environment conducive to business growth and prosperity.

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