Uganda Revenue Authority (URA) has posted a Shs40 billion surplus with two months to the closure of the 2014/15 revenue calendar.

As a result of the cumulative impressive performance, the tax body’s commissioner general, Ms Doris Akol, is optimistic that she will deliver on her Shs9.5 trillion revenue collection target with a surplus of not less than Shs1 billion.

The collection thus far (of Shs7.7trillion) means that about 80 per cent of the tax revenue annual collection target of Shs9.5 trillion has been achieved.

Releasing the revenue performance at Mulago hospital yesterday after touring the facility, which happens to be one of those funded by the revenue URA is mandated to collect, Ms Akol noted that despite challenges, the months under review were largely successful.

Source: croozefm

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