• Latest
Parliament Scraps Excise Duty on Sugar Confectioneries

Parliament Scraps Excise Duty on Sugar Confectioneries

3 years ago
Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

9 hours ago
Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

12 hours ago
Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

12 hours ago
Pictorial: Vibe, Dance and Fanfare as Museveni Arrives for NRM Nomination

Pictorial: Vibe, Dance and Fanfare as Museveni Arrives for NRM Nomination

12 hours ago
TikTok Tops Traffic: A Snapshot of Uganda’s Social Media and Streaming Platform Usage

TikTok Tops Traffic: A Snapshot of Uganda’s Social Media and Streaming Platform Usage

1 day ago
Among Faces Kadaga as Key Contenders Vie for NRM Entrepreneurs League Vice Chair

Among Faces Kadaga as Key Contenders Vie for NRM Entrepreneurs League Vice Chair

1 day ago
SoftPower News
Sunday, July 6, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Parliament Scraps Excise Duty on Sugar Confectioneries

by Our Reporter
September 1, 2022
Parliament Scraps Excise Duty on Sugar Confectioneries

Finance committee chairperson, Hon. Keefa Kiwanuka presenting the report on the Excise Duty Amendment Bill, 2022

0
VIEWS

MPs have passed the Excise Duty (Amendment) Bill, 2022 scrapping taxes on sugar confectionaries, sweets, gums, and chocolates.

The bill was earlier passed in March 2022 but returned to Parliament for reconsideration by President Yoweri Museveni.

Related Stories

Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

The Parliament Committee on Finance, Planning and Economic Development reconsidered the bill and presented it before the House during plenary on Tuesday, 30 August 2022.

The President asked Parliament to reconsider its decision to introduce an excise duty of 20 per cent on sugar confectionaries, gums, chocolates, and sweets against the government’s decision not to do so in the current financial year.

Museveni was concerned that the decision was detrimental to local manufacturers because their products were being outcompeted by imported low quality products and that the move was further working against government’s initiative to allow for the economy to recover from the devastating effects of COVID-19.

The President also disagreed with Parliament on rejecting the new targeted excise duty of 40 per cent or Shs4,000 per kilogramme charge from the 2.5 per cent or Shs266 per kilogramme of plastics and plastic granules.

Parliament was not convinced by the rationale of waiving tax from the majority 93 per cent and then slamming it on a minority seven per cent. It was further not convinced by how the ministry reached the tax figures for the disproportionate tax that is being proposed.

The President on the other hand said Parliament’s decision undermines the objectives government had which were; to streamline taxation of plastic products by refocusing the tax away from sensitive sectors that use elements of plastics, and the challenges around the administration of the previous tax the bill sought to repeal.

On reconsideration of the President’s proposals, the Committee on Finance, Planning and Economic Development conceded the President’s position on doing away with the taxation it had initially proposed on sugar confectionaries and related products.

The committee, however, disagreed with the President on the proposed taxation of plastics on the basis that it was unfair and unrealistically targeted to the minority and further submitted that the proposed tax should be rejected.

Hon. Keefa Kiwanuka, the committee chairperson, said the committee has met with key stakeholders including the Uganda Manufacturers Association, who said that the existing tax had led to several undesirable consequences.

“The proposed tax is, however, arbitrary and would be disastrous to the economy and should therefore be rejected by Parliament,” Kiwanuka added.

Parliament considered the committee recommendations and passed the Bill upholding the President’s proposals to do away with taxation on sugar confectionaries and on the introduction of a targeted tax of Shs4,000 per kilogramme on plastics and plastic granules.

Seven other bills, including the Trustees Incorporation (Amendment) Bill, the Companies (Amendment) Bill, the Insolvency (Amendment) Bill, the Partnerships (Amendment) Bill, the Anti-Terrorism (Amendment) Bill, the Cooperatives Societies (Amendment) Bill and the Anti-Money Laundering (Amendment) Bill.

Tags: excise dutyKeefa KiwanukaMuseveniParliamentSoftPowerSoftPower Newssugar confectionariesTop Uganda NewsUganda

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

Pictorial: Vibe, Dance and Fanfare as Museveni Arrives for NRM Nomination

TikTok Tops Traffic: A Snapshot of Uganda’s Social Media and Streaming Platform Usage

Among Faces Kadaga as Key Contenders Vie for NRM Entrepreneurs League Vice Chair

Stanbic Bank Ad
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
Stanbic Remittance Ad
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News