The latest income tax rate in Uganda has been released! As an international ex-pat or foreigner who just moved to Uganda for work purposes and is eager to know about the tax income calculator in Uganda, then this page is designed for you. Search no further!
Uganda’s income tax calculator and Uganda’s income tax rate lie as a critical factor in maintaining a healthy economic status in Uganda as it keeps you ahead and helps you make good financial decisions, especially as a citizen of Uganda.
What percentage is income tax in Uganda? How much are taxes in Uganda? What is the rate of PAYE in Uganda? How is PAYE tax calculated in Uganda?
On this page, we will be enlightening you on the income tax calculator, Uganda income tax calculator, taxes in Uganda for foreigners, sales tax in Uganda, Uganda tax authority, and lots more. Let’s get started!
Uganda Income Tax Rate 2022.
Uganda operates a progressive tax rate that changes yearly. Here is the recent update on the 2022 income tax rate in Uganda for individuals, foreigners, and corporate bodies. below is rate for 2021.
- Income Tax Rate: 40%
- Corporate Tax Rate: 30%
- Sales Tax / Service Rate: 18%
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What percentage is income tax in Uganda?
The rate of withholding tax on most payments in Uganda is 15%. However, in respect of goods and services, a withholding tax of 6% is levied
How is PAYE tax calculated in Uganda?
The maximum amount of PAYE for this bracket is Shs 25,000. The last bracket caters for those whose income exceeds Shs 410,000 monthly. Tax payable in this bracket is the Shs 25,000 plus 30% of the amount by which chargeable income exceeds Shs 410,000; and 10% of the amount by which chargeable income exceeds Shs 10m
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