The Government of Uganda has unveiled a final tax amnesty initiative intended to ease financial pressure on struggling businesses and encourage compliance with the tax system. The measure, announced through the Uganda Revenue Authority (URA), will give taxpayers relief from penalties and interest on overdue domestic taxes, provided they clear the principal amounts.
Under the program, all outstanding principal tax liabilities as of June 30, 2024, must be paid by June 30, 2026 to qualify for a full waiver. Taxpayers unable to make full payment will still benefit from a proportional waiver, meaning that interest and penalties will be written off in line with what has been settled. The amnesty also covers interest accumulated after July 1, 2024, up to the date of settlement
Officials emphasized that the scheme applies strictly to domestic tax obligations and not to customs duties. Businesses and individuals that have not yet filed their returns are urged to do so promptly, with URA warning that no further extensions will be granted after the June 2026 deadline
URA explained that this second and final chance comes after many taxpayers missed the earlier waiver window, which closed in January 2025. By removing the burden of additional charges, the government hopes to stimulate business recovery, restore cash flow, and create space for reinvestment in an economy still navigating post-pandemic challenges
The initiative has been broadly welcomed by the business community as a timely intervention, though financial experts caution that firms should act quickly to confirm their tax status and avoid missing what may be the last opportunity for such relief.