KAMPALA: The Managing Director of the National Water and Sewerage Corporation (NWSC), Dr. Silver Mugisha called for the amendment of the Value Added Tax (VAT) Act to allow swapping of the corporation’s VAT obligation to Uganda Revenue Authority (URA).
According to Mugisha, swapping the corporation’s VAT to the revenue body means that the water body will have the flexibility to decide that a government entity that owes NWSC budgets less than what it consumes, the over consumption will be swapped with the corporation’s VAT obligation.
Mugisha made the proposals while appearing before the joint Committees of Natural Resources and Finance on Tuesday, 11 February 2025. He was presenting a petition on unpaid arrears by several government entities.
He revealed that 36 entities including hospitals, the Prime Minister’s office, Ministry of Defence and Veteran Affairs, Uganda Prisons and Uganda Police Force owe the corporation over Shs100 billion.
The Managing Director of the National Water and Sewerage Corporation (NWSC), Dr. Silver Mugisha called for the amendment of the Value Added Tax (VAT) Act to allow swapping of the corporation’s VAT obligation to Uganda Revenue Authority (URA).
According to Mugisha, swapping the corporation’s VAT to the revenue body means that the water body will have the flexibility to decide that a government entity that owes NWSC budgets less than what it consumes, the over consumption will be swapped with the corporation’s VAT obligation.
Mugisha made the proposals while appearing before the joint Committees of Natural Resources and Finance on Tuesday, 11 February 2025. He was presenting a petition on unpaid arrears by several government entities.
He revealed that 36 entities including hospitals, the Prime Minister’s office, Ministry of Defence and Veteran Affairs, Uganda Prisons and Uganda Police Force owe the corporation over Shs100 billion.