Income tax on rent, worked example, in Uganda

September 02, 2016

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
Up to UGS 2,820,000 0% - - -
Over UGS 2,820,000 20% 3,445 14,245 28,645
Annual Income Tax Due 3,445 14,245 28,645
Tax Due as % of Gross Income 19.14% 19.78% 19.89%
Global Property Guide


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 3,640.00 UGS

3 Nonresidents are taxed on their gross rental income. Income-generating expenses are not deductible.

4 Rental income earned by nonresident individuals is taxed at a flat rate of 20% on income exceeding UGS2,820,000 (US$775).


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