Uganda: Worked Example of Tax on Rent
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Last Updated: Nov 24, 2008
Tax Example: Rent
| Non-resident couple's joint monthly rental income1 | US$1,500 | US$6,000 | US$12,000 | |
| Annual Rental Income | 18,000 | 72,000 | 144,000 | |
| = Taxable Income2 | US$18,000 | US$72,000 | US$144,000 | |
| Income Tax Rates3 | ||||
| Flat rate | 15% | 2,700 | 10.800 | 21.600 |
| Annual Income Tax Due | US$2,700 | US$10,800 | US$21,600 | |
| Tax Due as % of Gross Income | 15% | 15% | 15% | |
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DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on November 24, 2008.
Notes
1 The property is jointly owned by husband and wife, but then taxed separately (50% upon each partner).
2 Non-residents are taxed on their gross rental income. Income-generating expenses are not deductible.
3 Non-residents are taxed at a flat rate of 15%.
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