Uganda: Taxes and Costs

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Last Updated: May 15, 2009

Rental income tax is moderate in Uganda

Effective Tax Rate on Rental Income
Monthly Income	€1,500	€6,000	€12,000
Tax Rate	15%	15%	15%
Click here to see a worked example
Source: Shonubi Musoke & Co.			Disclaimer

INDIVIDUAL TAXATION

Non-residents are taxed only on income derived from sources located in Uganda.

RENTAL INCOME
Gross rental income earned by non-residents is taxed separately from other income at a flat rate of 15%.

Effective Tax Rate on Capital Gains
Property Value	US$2,500,000	US$20,000,000
Tax Rate	26.7%	26.8%
Click here to see a worked example
Source: Shonubi Musoke & Co.		Disclaimer

CAPITAL GAINS
Capital gains realized by non-residents are considered as income and taxed at the standard progressive income tax rates. When computing taxable capital gains, acquisition costs and improvement costs are deductible from the property value at the time of the sale or sales price of the property.

INCOME TAX FOR NON-RESIDENTS
TAXABLE INCOME, UGS (US$)	TAX RATE
Up to 2,820,000 (US$1,330)	10%
2,820,000 – 4,920,000 (US$2,321)	20% on band over US$1,330
Over 4,920,000 (US$2,321)	30% on all income over US$2,321
Source: Global Property Guide

PROPERTY TAX

Property Tax

Property taxes are levied by the local governments and the tax base is the rateable value of the property (which takes into account the nature of the property concerned and value of improvements). The tax rates are determined by the local authorities but a maximum of 2% is prescribed by law.

Uganda - more data and information

Guide to buying houses and registering property sales in Uganda