{"id":13114,"date":"2018-07-13T09:21:31","date_gmt":"2018-07-13T06:21:31","guid":{"rendered":"https:\/\/www.ghafla.com\/ug\/?p=13114"},"modified":"2018-07-13T09:21:31","modified_gmt":"2018-07-13T06:21:31","slug":"president-museveni-orders-a-refund-on-the-1-mobile-money-tax","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/ug\/president-museveni-orders-a-refund-on-the-1-mobile-money-tax\/","title":{"rendered":"President Museveni Orders A refund on the 1% Mobile Money Tax"},"content":{"rendered":"<p>President Museveni has ordered those who have been taxed 1% on\u00a0 mobile money transactions to be refunded stating that the law reduced the figure to 0.5%.<\/p>\n<div class=\"td-g-rec td-g-rec-id-content_inline td_uid_5_5b48446e3c769_rand td_block_template_17 \"><\/div>\n<p><em>\u201cI signed the law with the error because we could not delay the other measures. However, Parliament, when it reconvenes, will be requested to correct it. The ones whose deductions had been made on the basis of 1% should have their money reimbursed,\u201d<\/em> Museveni wrote while responding to queries raised on his official Facebook page.<\/p>\n<p>However, the president did not clarify how the process will be done. He further explained that the tax is\u00a0 necessary.<\/p>\n<p><em>\u201cMobile money transfers have brought to the surface the big volumes of money that are moving around the country. Each day US$ 52m moves around in the form of mobile money. This is about US$ 19bn a year. Much of this money is by big people; but, of course, some of it is by, economics-wise, small people. Therefore, in an effort to have self-sufficiency in budget, this is a convenient source we should not over- look.\u201d<\/em><\/p>\n<p>The government slashed\u00a0 tax on deposits. Therefore, the 0.5% will apply to other transactions.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Museveni has ordered those who have been taxed 1% on\u00a0 mobile money transactions to be refunded stating that the law reduced the figure to 0.5%. \u201cI signed the law with the error because we could not delay the other measures. However, Parliament, when it reconvenes, will be requested to correct it. The ones whose [&hellip;]<\/p>\n","protected":false},"author":6027,"featured_media":7492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6735,724],"class_list":["post-13114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-museveni","tag-uganda-entertainment-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Museveni Orders A refund on the 1% Mobile Money Tax - Ghafla!Uganda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghafla.co.ke\/ug\/president-museveni-orders-a-refund-on-the-1-mobile-money-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Museveni Orders A refund on the 1% Mobile Money Tax - Ghafla!Uganda\" \/>\n<meta property=\"og:description\" content=\"President Museveni has ordered those who have been taxed 1% on\u00a0 mobile money transactions to be refunded stating that the law reduced the figure to 0.5%. \u201cI signed the law with the error because we could not delay the other measures. 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