Uganda Revenue Authority has confirmed that the Income Tax (Amendment) Act, 2026 and the Excise Duty (Amendment) Act, 2026 were assented to with a commencement date of 1 July 2026 . URA has consequently advised taxpayers to review returns and declarations already filed for July 2026, August 2026 and subsequent periods and make any adjustments necessary to reflect the amended provisions. For finance and tax teams, the important issue is not merely that the law changed. It is that the commencement date reaches back to the beginning of the 2026/27 financial year, while some taxpayers may already have filed returns before the administrative systems and return templates were updated. That creates a practical compliance task: identify affected filings, determine whether they were prepared using the correct post-amendment rules, correct them where necessary and reconcile any resulting tax, payroll or credit consequences. Why the timing matters The legislative path helps expla...