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Labrish
Nyuuz
URA says EFRIS offers free and flexible channels as SMEs face cost pressures
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[QUOTE="Munyaradzi Mafaro, post: 46904, member: 636"] Uganda's tax agency has defended its electronic receipt system against business complaints about expensive equipment costs. The Uganda Revenue Authority says small companies can choose from several free options that match their needs and transaction volumes. Commissioner General John Musinguzi told reporters the agency designed different methods for various business types when it launched the system four years ago. Small traders can use a free website portal if they handle fewer than 100 daily transactions and earn less than 2 billion shillings yearly. Companies can also download desktop software or use simple phone codes that work without smartphones or internet connections. Larger businesses with complex computer systems can connect directly to the tax authority's network. The agency reports that more than 100,000 companies have joined the electronic system since its creation. Officials estimate Uganda loses over 2.5 trillion shillings each year from businesses that avoid paying proper taxes. The digital receipts help the government track sales and ensure fair collection from all companies. Some business owners argue that even free computer options require skills and resources they cannot afford. Trade groups have asked the government to provide money for equipment or delay enforcement of the new rules. Many informal market vendors say they lack reliable electricity and internet access needed for the digital systems. Musinguzi maintains the electronic receipt program will create long-term benefits for Uganda's economy. He says the system ensures all businesses contribute their proper share to government revenue. [/QUOTE]
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Nyuuz
URA says EFRIS offers free and flexible channels as SMEs face cost pressures
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