Fintech

Why could Government be delaying the 0.5% tax bill over the current 1% mobile money tax?

The controversial mobile money tax has rocked Uganda in the recent months has seen a number of Ugandans seemingly not contented with its genesis and 2018 revelation.  A few months back before July 1st 2018, Parliament proposed mobile money tax as a remedy to the country's revenue. Well, it was obviously against peoples plies, but favorable to potential bulk payers whereby the 1% tax was revised to 0.5% and it's still a story of the past

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