Business 7 October 2026 Nile Post
Deputy Speaker Tayebwa Urges Business Community for Increased Tax Compliance
Deputy Speaker of Parliament Thomas Tayebwa has called on Uganda's business community to prioritize tax compliance and ethical practices, emphasizing their crucial role in the nation's economic development and transformation. He stressed that improved domestic revenue collection through better compliance is key to funding public services and infrastructure. Source: https://nilepost.co.ug/news/376314/deputy-speaker-tayebwa-challenges-business-community-to-boost-tax-compliance
Deputy Speaker of Parliament Thomas Tayebwa has issued a strong challenge to Uganda’s business community, urging them to significantly enhance tax compliance and uphold ethical business practices. Tayebwa stated that the nation’s economic progress hinges on a robust and responsible private sector.
He argued that instead of continually introducing new taxes, the focus should shift to broadening the tax base and improving compliance. Tayebwa highlighted that increased domestic revenue would empower the government to better finance essential infrastructure and public services, questioning how the country can achieve development goals with a tax-to-GDP ratio hovering around 13-14 percent.
Tayebwa believes Uganda could reach a tax-to-GDP ratio of approximately 21 percent if more individuals and businesses fulfilled their tax obligations, thereby easing the government’s pressure to impose additional taxes. He made these remarks at the inaugural National Prayer Breakfast Business Forum held at Parliament, which convened legislators and business leaders to discuss the private sector’s contribution to Uganda’s economic growth.
While calling for greater accountability from businesses, Tayebwa also acknowledged the government’s role in fostering a conducive business environment. He warned against selective tax exemptions and preferential treatment, which can stifle fair competition, and encouraged business leaders to engage proactively with Parliament on policies affecting their sector.
Tayebwa emphasized that businesses should measure success not only by profits but also by their broader societal impact, including job creation, support for suppliers, tax contributions, and the solutions they offer to communities. He also urged established entrepreneurs and even Members of Parliament to mentor aspiring business owners, believing that shared knowledge and experience are vital for nurturing future economic growth and expanding employment opportunities.