Filing tax returns is important because it allows taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the over-payment of taxes. This is a process where a taxpayer reports accurately, correctly and in completeness all tax obligations according to the tax laws to Uganda Revenue Authority in a prescribed format within a specified period.
In Uganda, many taxpayers pay hefty fees to individuals or firms to file tax returns on their behalf. It is therefore better to save money by learning how to file your individual income tax returns in less than 3 minutes. Watch the video below if you are keen on completely taking charge of your business affairs.
