By Our Reporter
Uganda president Yoweri Museveni has signed into law a Bill exempting MPs’ allowances from being taxed.
- Opening the final sitting before Parliament breaks off for the Christmas holidays, Speaker Rebecca Kadaga told the legislators to their delight that the head of state had finally bent to their pressure and signed the bill into.
“Turns out the Income Tax bill was already signed into law, I asked the President to ask the minister to table it as a bill,” Ms. Kadaga revealed on Wednesday.
But this comes at a price to Ugandans as they will have to lose more than Shs41.58b in additional revenue if the move by MPs succeeds, according to analysis by Civil Society Budget Advocacy Group (CSBAG).
Source:: The Insider