Editor’s note: This article has been updated to reflect the new rental tax rates per legislation that came into effect July 1st, 2021
UGANDA – Kampala | Real Muloodi News | The Rental Tax Compliance System (rTCS) is the latest technology innovation being deployed by the Uganda Revenue Authority (URA) to enforce rental income tax compliance. It is a complex software application used to determine the highest priority individuals or corporations are likely to be underpaying their rental income tax obligations.
Under Uganda’s current Income Tax law, individual landlords are liable to pay 30 per cent tax on rental income earnings, while allowing 75 per cent as deductible/allowable expenses and losses. After factoring in the deductions, you are left with a 7.5 per cent effective tax rate.
Through rTCS, data is collected from many governmental and other data sources. The data supports evaluation and scoring for tax deficiency, with reason code results presented to URA investigators to prioritise who and why to investigate. Also, rTCS estimates the amount of rental income currently underpaid for each taxpayer.
rTCS integrates various types of data from selected Ministries, Departments, and Agencies (MDAs), matching properties in the Greater Kampala Metropolitan Area to their beneficial individual or corporate owners within the Uganda Revenue Authority (URA) tax register.
The system utilises existing data, verified by on-ground field teams, to classify property. The rTCS system determines occupancy (owner-occupied or rented), previous occupancy periods, and estimated assessable rental tax paid before standard deductions.
Hyperledger® Fabric Blockchain keeps a transaction log of the records stored in rTCS. Transactions on the ledger are sequenced and cryptographically linked. Once written, the blockchain data structure cannot be modified; it is immutable, thus guaranteeing rTCS data’s incorruptibility.
URA is the primary user of rTCS. Other participating MDAs include the Ministry of Lands, Housing and Urban Development (MLHUD); Kampala Capital City Authority (KCCA); National Identification and Registration Authority (NIRA); National Water and Sewerage Corporation (NWSC); National Information Technology Authority (NITA-U), Uganda Communications Commission (UCC), Uganda Registration Services Bureau (URSB) and the Ministry of Local Government and Local Councils.
RippleNami Uganda (RNU), a technology company incorporated in Uganda and based in Kampala, handles the delivery of the rTCS project to the Government. The company delivers traceability and transparency solutions for governments and NGOs in Uganda and across Africa.
RippleNami Uganda is the implementing affiliate of RippleNami Inc. RippleNami Inc., an international technology company based in California, developed the underlying technology employed by RNU.
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