At its core, the Uganda Revenue Authority (URA) is embarking on a landmark transformation for the 2025/2026 fiscal year. Faced with an ambitious revenue target of over UGX 36 trillion, the authority is moving beyond traditional tax collection to become a modern, data-driven partner in national development.   

This isn't just a story about collecting more money; it's about how that money is collected. The URA is aggressively rolling out and enforcing digital systems like the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) to create a transparent, real-time view of the economy. This digital shift is designed to close revenue leakages and ensure a level playing field for all businesses.   

However, this push for stricter compliance is carefully balanced with a new suite of business-friendly incentives. The government is introducing tax holidays for startups, eliminating stamp duty on mortgages to ease borrowing, and providing capital gains relief to encourage small businesses to formalize. This dual approach reflects a new philosophy: nurturing compliant businesses so they can grow into the major taxpayers of tomorrow, while using technology to ensure everyone pays their fair share. This strategy is the foundation of the government's wider goal to fully monetize the economy, broaden the tax base, and fund Uganda's journey toward sustainable growth, truly embodying the URA's motto of "Developing Uganda Together.