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URA: we are very optimistic about the electronic receipts

Uganda Revenue Authority has said that it is impressed with the speed at which

businesses and manufactures are adapting to the Electronic Fiscal Receipting and

Invoicing Solution (EFRIS), commonly known as Electronic Receipts.

While in an interview on RX radio’s Fatboy Show that aired on Monday Morning, URA’s Ag Manager Public and Corporate Affairs Micheal Masembe said that although Covid 19 disrupted the authority’s plans to do a massive tax payer sensitization program, the business community has welcomed the new system positively and the adaptation rates are high.

“We have officially rolled out the E-receipts program. Although there are manufacturers and traders who are still skeptical, most of the tax payers have understood the advantage in this and are coming on board at a good speed,” he said.

URA officially rolled out the implementation of the EFRIS, a medium that is being used by all

businesses to manage issuance of receipts and invoices for tax purposes on 21 January 2021.

Currently, a person who conducts business and is value added tax (VAT) registered is required to

issue an e-invoice or receipt for any supply or sale regardless of whether the supplied or sold good is

subject to VAT at a standard rate, zero rate or exempt.

The Fatboy show is hosted by James Onen aka Fatboy and Oliver Najjuma every

weekday from 6am to 10am on RX Radio.

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