Uganda Small Scale Industries Association (USSIA) in partnership with Uganda Revenue Authority (URA) organized an awareness meeting on the 9th of August 2022 aimed at sensitizing the members on the application and the importance of using the system in their businesses as well as discussing other different tax related challenges that they face.
The Ugandan government on the 1st of January 2021 instructed all the formally registered companies to start using the Electronic Fiscal Receipting and Invoicing System (EFRIS) to report electronically issued invoices and cash receipts to the URA. Under this system, organizations and companies operating in the Ugandan market are to submit their electronic sales invoices to URA, and URA must approve the invoice before the company can transmit it to its client. The implementation of the EFRIS system aims to tackle tax evasion and the fraudulent practice of false invoices for fake purchases. Some of the documents to be sent electronically include: invoices, credit and debit notes, goods movement, inventories and others.
The main purpose of this meeting was to enlighten the members about the importance of using EFRIS in their business. The awareness session was held at the USSIA Board room in Kampala and was attended by over 34 industrialists.
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