The new amendments on Tax laws in 2018

Do you know that as per the VAT Act (Amended 2018) if you supply goods or services to a designated VAT withholding agent, and the value of supply is above UGX37.5m, the 18% VAT charged on the invoice will not be paid to you but rather paid directly to URA on your behalf?
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Abacus Associates
Plot 84, Muteesa ll Road, Ntinda.
P.O. Box 16267, Kampala Uganda
Telephone: +256 393 518213
Email: info@abacusassociatesuga.com, abacusassociates@yahoo.com