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Uganda: Living There - Tax Issues

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Living There

Residents of Uganda are taxed on their worldwide income. An individual is considered to a resident of Uganda for tax purposes if he has established a permanent home in the country, have stayed for an aggregate of 183 days in a year, or have visited the country for an average of more than 122 days for three consecutive years.

Income Tax

Income derived from other sources aside from rental income is subject to progressive income tax rates. Expenditure and losses incurred in the production of income are deducted from the gross income.

The following tax rates apply to resident individuals:

PERSONAL INCOME
TAXABLE INCOME, UGS (US$) MARGINAL TAX RATE
Up to 1,560,000 (US$847) nil
1,560,000 – 2,820,000 (US$1,532) 10% on the band over US$847
2,820,000 – 4,920,000 (US$2,672) 20% on the band over US$1,532
Over 4,920,000 (US$2,672) 30% on all income over US$2,672

Rental Income Tax

Rental income is taxed separately from other sources of income. Rental income tax is levied at a rate of 20% on the net rental income. Repair and maintenance costs incurred can be deducted up to 20% of the total income.

The following tax rates are levied on the net rental income of residents:

PERSONAL INCOME
TAXABLE INCOME, UGS (US$) MARGINAL TAX RATE
Up to 1,560,000 (US$1,841) nil
Over 1,560,000 (US$1,841) 20% on all income over US$1,841

 

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