In an effort to enhance tax compliance and financial inclusion, Uganda revenue authority (URA) is fostering adaptability to new technological advancements to streamline tax adherence and bolster economic transformation.
This was affirmed during the annual banks conference in Kampala.
In the evolving technological landscape, URA has embarked on phased investing in cutting edge technology like EFRIS, web portal, electronic data payment, client ledger and use of USSD code for easy channeling of payments.
John Musinguzi, the Commissioner general of URAÂ says embracing financial technology trends will improve tax compliance and widening tax base.
“Embrace the transformative potential of technology to ensure desired tax compliance and financial inclusion. Adoption to technology is the new way of doing things,” Musinguzi said.