Uganda Budget Speech for 2020-21 Presented in Parliament

Uganda's Minister of Finance Planning and Economic Development presented the Budget Speech for Financial Year 2020/21 in parliament on 11 June 2020. The main tax measures covered in the speech include relief measures for businesses in order to address the short-term emergency liquidity requirements of businesses, boost their cash-flows, and ensure business continuity. These include:

• The deferred payment of corporate income tax and presumptive tax until September 2020 in respect of tax due f…