URA boss wants successor picked from within

The Uganda Revenue Authority Commissioner General is hoping that her successor is picked from the authority’s top administration.

Allen Kagina who retires in October this year after 14 years at the helm of URA says many of these are competent and understand the authority’s managerial structure.

She was speaking while releasing the annual revenue performance for the financial year 2013/2014 which recorded an over Sh5bn deficit against a target of Sh8.5 trillion.

8 trillion shillings was collected during the financial year 2013/2014 representing a growth of 12.3% compared to the 7.1trillion collected in 2012/2013.

This represents a performance of 94.1% of the target, which financed 71.5% of Uganda’s national budget.

Kagina has blamed this revenue performance on the slow economic growth which affected the private sector thus leading to low figures in areas of corporate tax, VAT and the low sugar prices which fetching a low tax.

She adds that over the 10 year period URA has registered an average growth of 17.2%, above the regional growth target of 16.5%

Meanwhile the executive director of the Private Sector Foundation Uganda Gideon Badagawa called for the enactment of a law that compels all business owners to belong to an association.

He says this will help in tracking of unregistered businesses.