Condition For VAT Registration In Uganda
VAT registration is the process of listing your business with the government as active in production and sales. After a business registers for VAT, it’s able to reclaim any VAT paid on company purchases and becomes responsible for: Charging VAT on any goods or services sold (and charging the right amount.
It is the official receipt that has to be issued by the registered taxpayer for taxable sales and services. Some businesses are allowed by the Commissioner-General to issue their own computer- generated invoices and till receipts to their clients. Rates of VAT. Standard Rate- 12.5 %
A VAT number is a unique identification number that’s assigned to every business registered for VAT. Learn more about VAT invoices and when you need to issue them. VAT numbers are used for tax purposes and are only given to businesses that are registered for VAT. VAT applies to practically all sales of services and imports, as well as to the sale, barter, exchange, or lease of goods or properties (tangible or intangible). The tax is equivalent to a uniform rate of 12%, based on the gross selling price of goods or properties sold, or gross receipts from the sale of services.
Requirements For VAT Registration In Uganda
You must register your business for Value Added Tax (VAT) if the total value of taxable goods or services is more than UGX 1 million in a 12-month period, or is expected to exceed this amount. A business may also register voluntarily if the income earned in the past 12-month period exceeded UGX 50 000.
Applying For VAT Registration In Uganda
Go to www.ura.go.ug and log in to your account with your TIN and password.
Under Application Details,Select Application type from the drop down.
Enter your Tax payer Identification Number (TIN)
Select period of exemption from the drop down menu.
Mandated By Law For VAT Registration In Uganda
Persons Liable. – Any person who, in the course of trade or business, sells, barters, exchanges, leases goods or properties, renders, services, and any person who imports goods shall be liable to the value-added tax (VAT) imposed in sections 100 to 102 of this Code.
Reasons For VAT Registration In Uganda
Generally, VAT has posed a powerful tool in harnessing funds in domestic markets enabling Uganda to better meet the challenges facing them such as education, poverty eradication, and provision of infrastructure etc.
Items For VAT Registration In Uganda
Livestock, unprocessed foodstuffs and unprocessed agricultural products except wheat grain.
Postage stamps.
Financial services.
Services related to health insurance, life insurance, micro insurance, reinsurance and aircraft insurance services.
Land.
Exempt Supplies VAT Registration In Uganda
Exempt supplies are supplies of goods and services which do not attract VAT. These are specified in the second schedule to the VAT Act. Examples of exempt supplies include;
Health insurance and life insurance services
Petroleum fuels,
Social welfare services
Educational services,
Financial Services
Passenger transportation services
Calculation Of VAT Registration In Uganda
The price exclusive of VAT can be converted into the price inclusive of VAT by applying the following formula. Calculation rule: (Amount exclusive of VAT) * (100 + VAT percentage as a number) / 100 = Amount inclusive of VAT.
Cost For VAT Registration In Uganda
The annual threshold for VAT registration is UGX 150 million. Persons who make supplies that are Vatable and whose turnover exceeds UGX 150 million are required to register for VAT with the URA. VAT-registered persons are required to: Charge VAT whenever they make supplies that are Vatable.
Deemed VAT Registration In Uganda
An aid-funded project is one whose execution is funded by a foreign government or a development agency like DANIDA, USAID, DFID etc. through loans, grants and donations.
The tax payable by supplier to a contractor executing an aid-funded project is deemed to have been paid by the contractor provided it is for use by the contractor strictly for the execution of the aid funded project – Section 24 (6) of the VATA
Similarly, the tax payable on a taxable supply made to a Government ministry, department or agency by a contractor executing an aid – funded project is deemed to have been paid by that ministry, department or agency as long as it is solely and exclusively for use in the execution of the aid-funded project – Section 24 (7) of the VATA.
Contractors are advised to seek private rulings/advance tax rulings to ensure that the transactions they enter are done so with certainty of the VAT implications under the above arrangements.
Input Tax Credit Claimable In Relation To A Commercial Building In Uganda
Section 28 has been amended by inserting immediately after subsection (4) the following—
An owner of more than one commercial building shall account for tax for each commercial building separately and shall not claim tax credits on inputs used in the construction of an incomplete building against the tax collected from a completed commer0cial building.
This implies that taxpayers will have to properly allocate the input tax incurred on each one of their buildings.
Office Location For VAT Registration In Uganda
| Head office Address | : | Plot M193/M194, Nakawa Industrial Area, P.O.Box 7279, Kampala, Uganda |
| Contact Number | : | (256) 800117000 |
| ARUA PLOT 1 BAT VALLEY CLOSE, ARUA TOWN Email : services@ura.go.ug Contact Number : 0717440975 | |
| BUSHENYI BUSHENYI BLOCK 14, PLOT 199 IGARA- ISHAKA TOWN Email : services@ura.go.ug Contact Number : 0717442043 | |
| BUSIA Plot 23, Majanji Road Email : services@ura.go.ug Contact Number : 0717442017 | |
| CBD LIAISON OFFICE Plot 17/19, Kampala Road, Diamond Trust Building, GROUND FLOOR Email : services@ura.go.ug Contact Number : 0717440365 | |
| CENTRAL SERVICE OFFICE PLOT M 193/4 NAKAWA INDUSTRIAL AREA, URA TOWER, UPPER GROUND FLOOR Email : services@ura.go.ug Contact Number : 0717440216 | |
| ENTEBBE PLOT 24 GOWERS ROAD FRV 450, FOLIO 20, ENTEBBE MUNICIPALITY Email : services@ura.go.ug Contact Number : 0717440273 | |
| FORT PORTAL PLOT 4, RUHANDIKA STREET Email : services@ura.go.ug Contact Number : 0717440634 | |
| GULU PLOT 26, LABWOR ROAD, GULU MUNICIPAL Email : services@ura.go.ug Contact Number : 711910740 | |
| HOIMA PLOT 48, KITARA COURTS BUILDING, HOIMA MUNICIPALITY Email : services@ura.go.ug Contact Number : 0714224410 | |
| IGANGA PLOT 120, MAIN STREET, IGANGA TOWN Email : services@ura.go.ug Contact Number : 0717440587 | |
| JINJA Plot 2A, Spare Road /Nadiope Junction Email : services@ura.go.ug Contact Number : 0717440916 | |
| KABALE PLOT 92, LRV 284, FOLIO 18, MBARARA ROAD Email : services@ura.go.ug Contact Number : 0782117134 | |
| KAMPALA EAST PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, UPPER GROUND FLOOR Email : services@ura.go.ug Contact Number : 0717440819 | |
| KAMPALA METRO PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, UPPER GROUND FLOOR Email : services@ura.go.ug Contact Number : 0717440564 | |
| KAMPALA MV REGISTRATION UNIT PLOT M 193/4 NAKAWA INDUSTRIAL AREA, NIP BUILDING Email : services@ura.go.ug Contact Number : 0717442737 | |
| KAMPALA NORTH DTB BWAISE BOMBO RD Email : services@ura.go.ug Contact Number : 0717442033 | |
| KAMPALA SOUTH FINANCE TRUST BANK KATWE Email : services@ura.go.ug Contact Number : 0717440690 | |
| KASESE PLOT 56, RWENZORI ROAD, KASESE TOWN Email : services@ura.go.ug Contact Number : 0772641192 | |
| KITGUM PLOT 197, UHURU ROAD, KITGUM TOWN Email : services@ura.go.ug Contact Number : 0717440956 | |
| KOBOKO PLOT 10, MOYO ROAD, KOBOKO TOWN COUNCIL Email : services@ura.go.ug Contact Number : 0717442119 | |
| LARGE TAXPAYERS OFFICE PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, 7TH FLOOR Email : services@ura.go.ug Contact Number : 0717440196 | |
| LIRA PLOT NO.5-7, CITADEL TOWERS, 3RD FLOOR, OBOTE AVENUE, LIRA MUNICIPALITY Email : services@ura.go.ug Contact Number : 0717442033 | |
| MASAKA PLOT 27, KAMPALA ROAD, MASAKA Email : services@ura.go.ug Contact Number : 0702805487 | |
| MASINDI PLOT 17/19, MASINDI PORT BELL ROAD Email : services@ura.go.ug Contact Number : 0717440812 | |
| MBALE PLOT 1, COURT ROAD, MBALE MUNICIPALITY Email : services@ura.go.ug Contact Number : 0715989962 | |
| MBARARA Plot 3 B, Stanley Road Email : services@ura.go.ug Contact Number : 0718451727 | |
| MEDIUM TAXPAYERS OFFICE PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, 3RD FLOOR Email : services@ura.go.ug Contact Number : 0717440579 | |
| MITYANA PLOT 69, KAMPALA ROAD, MITYANA TOWN Email : services@ura.go.ug Contact Number : 0717440284 | |
| MOROTO PLOT M32, INDEPENDENT AVENUE MOROTO Email : services@ura.go.ug Contact Number : 0717440974 | |
| MOYO PLOT 18, KELERU CRESCENT ROAD, MOYO DISTRICT Email : services@ura.go.ug Contact Number : 0717440991 | |
| MUKONO PLOT 39 KAMPALA ROAD, MUKONO Email : services@ura.go.ug Contact Number : 717440823 | |
| NEBBI PLOT 24, BLOCK 2, PAKWACH ROAD, NEBBI TOWN Email : services@ura.go.ug Contact Number : 0717442118 | |
| PALLISA Plot 6, Block B Kasoda Road Email : services@ura.go.ug Contact Number : 0717440973 | |
| PROCESS MANAGEMENT PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, 6TH FLOOR Email : services@ura.go.ug Contact Number : 256717440004 | |
| PSO PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, 8TH FLOOR Email : services@ura.go.ug Contact Number : 0717440338 | |
| RUKUNGIRI Plot 26, Rubabo Road, Taifa Arcade, 1st Floor Email : services@ura.go.ug Contact Number : 0718451754 | |
| SERVICE DESK PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, UPPER GROUND FLOOR Email : services@ura.go.ug Contact Number : 0717440634 | |
| SERVICE MANAGEMENT PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, UPPER GROUND FLOOR Email : services@ura.go.ug Contact Number : 071744059 | |
| SOROTI PLOT 37, HARIDAS ROAD, SOROTI MUNICIPALITY Email : services@ura.go.ug Contact Number : 0717440218 | |
| TAX INVESTIGATION DEPARTMENT PLOT M 193/4 NAKAWA INDUSTRIAL AREA,URA TOWER, 14TH FLOOR Email : Services@ura.go.ug Contact Number : 256717442013 | |
| TORORO PLOT 17-23 BUSIA ROAD Email : services@ura.go.ug Contact Number : 0712834668 |