ShillingWise helps every Ugandan — employee, entrepreneur, importer — understand their taxes and money. No jargon, just answers.
Built specifically for Uganda's tax system and local currencies, updated with each URA financial year.
Calculate your monthly take-home pay after tax using the latest URA PAYE bands for FY 2024/25.
Instantly add or remove Uganda's 18% VAT from any price. Perfect for businesses and consumers.
Calculate tax withheld on rent, professional fees, goods, and other payment categories.
Estimate import duties and taxes on goods brought into Uganda based on CIF value and category.
Convert UGX to USD, EUR, GBP, KES, TZS and RWF using indicative daily exchange rates.
Understand Uganda's tax bands, URA obligations, and financial regulations in plain English.
Uganda Revenue Authority updated the PAYE income tax brackets effective July 2024. Monthly income up to UGX 235,000 remains tax-free.
The Uganda Shilling has remained relatively stable against major currencies, trading between UGX 3,700–3,740 per US Dollar.
URA continues enforcement of 18% VAT on digital and electronic services provided by foreign companies to Ugandan consumers.
URA's Electronic Fiscal Receipting and Invoicing Solution (EFRIS) expanded to cover more business categories for VAT compliance.
Bank of Uganda maintains its Central Bank Rate to manage inflation and support economic stability heading into 2025.
The East African Community reviewed Common External Tariff rates for certain product categories as part of ongoing regional trade harmonization.
Convert Uganda Shillings to and from major currencies. Rates are indicative and updated daily.
Based on Uganda Revenue Authority (URA) rates for Financial Year 2024/25.
Understanding Uganda's tax system, URA obligations, and how ShillingWise works.
Pay As You Earn (PAYE) is deducted monthly by employers on behalf of the Uganda Revenue Authority. The following bands apply to monthly income:
| Monthly Income (UGX) | Tax Rate | Tax Calculation |
|---|---|---|
| 0 — 235,000 | 0% | Nil |
| 235,001 — 335,000 | 10% | 10% of excess over 235,000 |
| 335,001 — 410,000 | 20% | 10,000 + 20% of excess over 335,000 |
| Above 410,000 | 30% | 25,000 + 30% of excess over 410,000 |
| Above 10,000,000 | 40%* | High earner additional rate applies |
*The 40% rate applies on income above UGX 10,000,000/month as per recent amendments.
Value Added Tax (VAT) is charged at a standard rate of 18% on taxable supplies of goods and services in Uganda. Businesses with annual taxable supplies exceeding UGX 150,000,000 are required to register for VAT with URA.
Some goods and services are zero-rated (0%) or exempt from VAT, including certain agricultural products, financial services, and educational services.
| Category | Rate |
|---|---|
| Professional / Management Fees | 6% |
| Rent (Commercial Property) | 15% |
| Rent (Non-Individual) | 10% |
| Dividends | 15% |
| Interest | 15% |
| Goods & Services | 6% |
| Construction Services | 5% |
For official and legally binding tax information, always refer to: