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Uganda Budget Analysis 2022/23

On 14th June 2022, Uganda’s Minister for Finance, Planning and Economic Development Hon. Matia Kasaija presented the 2022/23 Budget Speech. As part of the annual budget process, Deloitte’s experts present herein an overview of the economy and an analysis of the key priority sectors for Government and the respective funding allocated to them.

2022/23 Uganda Budget Highlights

As part of the annual budget process, Deloitte has released its annual budget highlights document, summarizing the key tax measures and related aspects including the priorities and reforms proposed for various sectors.

Tax Amendments

To finance its spending for the Year FY2022/23, Government has proposed a Shs. 48.1307 trillion National Budget. While the Tax measures have been highlighted in the Budget reading, additional measures are contained in the Tax Amendments Acts that were passed by Parliament at the end of May 2022 awaiting assent by the president.

While all reasonable care has been taken in the preparation of these guides, Deloitte and its associates accept no responsibility for any errors contained, whether caused by negligence or otherwise, or for any loss, however caused or sustained by any person that relies on the publications.

To review our budget analysis for the other East African countries, please click on the respective country links below:

Keeping you in the loop

The DRAFT Amendment Bills which propose changes to the Income Tax Act, The Value Added Tax, The Tax Procedure Code Act among others are currently before Parliament for debate. This Alert highlights the key changes to the tax laws as contained in the amendment bills.

Uganda Budget Highlights 2022/23

As part of the annual budget process, Deloitte has released its annual budget highlights document, summarizing the key tax measures and related aspects including the priorities and reforms proposed for various sectors.