Beer industry appeals for tax cuts
Players in the beer industry are asking for tax cuts in the upcoming budget.
The beer industry is one of the top five contributors of taxes .
Uganda Revenue Authority reported last month that the sector contributed Shs 21b in taxes, way ahead of other sectors including electricity, phone talk time and banking.
One of the major players in the industry East African Breweries says though government is under stress to collect more money, it is not constructive to heap the burden on the leading sectors
Speaking to KFM the Director of East African Breweries UGANDA Richard Wejuli Wabwire said imposing high taxes will only serve to scare away potential investors in the sector.
Comments
This post currently has no comments.