Uganda Budget Speech for Financial Year 2022/2023 Delivered

On 14 June 2022, Uganda's Minister of Finance, Planning, and Economic Development, Matia Kasaija, delivered the Budget Speech for Financial Year 2022/2023. The tax measures for financial year 2022/23 have already been enacted and include the following as summarized in the speech:

Income Tax

• The corporate income tax exemption for the Bujagali Hydro Power Project has been extended for 1 year up to 30 June 2023 in order not to increase electricity tariffs for power that the Project generates…