2.1 Withholding of income tax

Commentary

2.1.3 Assessable earnings for income tax

Uganda
Uganda | Commentary

2.1.3 Assessable earnings for income tax

Uganda | Commentary

2.1.3     Assessable earnings for income tax

According to the Income Tax Act Cap 340, an individual's employment income is a combination of cash remuneration received, such as wages or salary, and any benefits in kind (BIK) provided, such as, private use of a motor vehicle, provision of domestic servants, or provision of residential accommodation.

The following list is a representation of employment income:

  1.  

    •     amount of private or personal expenditure discharged or reimbursed by the employer (pecuniary liabilities)

  2.  

    •     the value of any BIK provided by or on behalf of the employer

  3.  

    •     any amount in compensation of termination of employment

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