The Tax Amendment Bills, tabled on 27 March 2025, propose significant reforms across various tax areas that would take effect on 1 July 2025, if approved by Parliament and the President.Key changes include introducing a three-year exemption for new businesses established by citizens with capital not exceeding 500m Ugandan shillings.The Value Added Tax (VAT) reforms aim to enhance anti-tax avoidance measures and expand the list of exempt institutions, including United Nations agencies, while introducing new zero-rated supplies such as aircraft.A new infrastructure levy of 1.5% and an import declaration fee of 1% on all goods imported for home use are...