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URA embraces Digital Strategy to ease compliance
In a strategic move to enhance tax administration through digital transformation, the Uganda Revenue Authority (URA) has partnered with the United Nations Development Programme to launch a three-year digital strategy. This initiative is poised to revolutionize the way businesses in Uganda engage with tax processes and revenue compliance. VINAStech, your trusted IT firm, stands at the forefront of enabling companies to seamlessly integrate these digital advancements into their operations.
The URA’s digital strategy has a multi-faceted approach, with the primary goals of automating tax processes, ensuring quality assurance, and minimizing revenue leakages. It also places a strong emphasis on client centrism, allowing taxpayers to easily meet their obligations, from tax registration and on-time filing to accurate reporting and payment.
Hon. Matia Kasaija, the Minister of Finance, Planning, and Economic Development, expressed his support for URA’s digital transformation journey during the strategy’s launch in Nakawa. He challenged URA to increase the country’s tax-to-GDP ratio to 20% in the next 2-3 years, emphasizing the need for self-reliance to support critical sectors such as job creation, industries, education, and healthcare.
John R. Musinguzi, the Commissioner General of URA, reiterated the pivotal role of technology in enhancing revenue collection. URA has identified five key areas, including the digitization of processes, staff integrity, stakeholder engagement, and innovation, to boost government revenue. Musinguzi highlighted the significant progress made in information technology, dating back to 2009, with systems like Etax and Asycuda, and the current focus on simplifying taxation and big data analytics through a cutting-edge data center.
VINAStech is committed to supporting businesses in Uganda to align with this digital strategy. Our services are tailored to make tax processes efficient and transparent, ensuring businesses can meet their tax obligations with ease. With our expertise in technologies and digitizing systems, we are well-equipped to guide your business into the future.
The Deputy Resident Representative of the United Nations Development Programme, Sheila Ngatia, commended URA for its digital strategy, aligning with the government’s digital agenda. She emphasized the importance of efficiency and leveraging ICT for revenue protection and growth, encouraging URA to invest in robust cybersecurity.
Robert Mutebi, the Commissioner of Information Technology & Innovation, stressed that digital transformation is pivotal for enhancing tax administration efficiency and insights from big data. URA has already rolled out various solutions to facilitate taxpayer compliance and interactions, including Electronic Receipting and Invoicing System (EFRIS), Digital Tax Stamping (DTS), and innovative customer service touchpoints.
In this digital era, embracing URA’s digital strategy is essential for businesses in Uganda to thrive. Partner with VINAStech to stay ahead in the digital evolution, ensuring compliance, efficiency, and a brighter financial future.