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Finance Ministry says 1 percent Mobile Money Tax will not be refunded

794 views · Published 5 October 2018 · 2:00 · Indexed 1 October 2026

Channel: NTVUganda · 2018 · News & Politics

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Ugandans expecting a refund of tax collected from mobile money transactions following a 1 percent levy on the service introduced in the 2018/19 budget, should forget it, according to the ministry of finance. 

Secretary to the treasury, Keith Muhakanizi, says government has already spent the 20 billion shillings collected by the Uganda Revenue Authority as of July 2018.

Muhakanizi was speaking during the release of the second quarter expenditure releases for the 2018/19 Financial Year at the ministry of Finance Headquarters in Kampala

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