State Minister of Finance David Bahati says that the move is intended to streamline the transport sector by getting rid of illegitimate cars and raising money for the maintenance of roads across the country. According to the breakdown, Car owners will pay 200,000 Shillings while motorcycle owners will pay 50,000 Shillings annually.
The tax Bills tabled by Kasaija include the Excise Duty (Amendment) Bill, 2021, The Fish (Amendment) Bill, 2021, The External Trade (Amendment) Bill, 2021, The Income Tax (Amendment) Bill, 2021, The Mining (Amendment) Bill, 2021, The Stamp Duty (Amendment) Bill, 2021 and others.
Speaker of Parliament Rebecca Kadaga was this afternoon forced to adjourn parliament after the finance ministers failed to show up to defend proposed tax bills. Finance minister Matia Kasaija has four state ministers including David Bahati for Planning, Gabriel Ajedra for General Duties, Evelyn Anite for Privatisation and Haruna Kasolo for Micro-finance.