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URA Motor Vehicle Tax Calculator 2024-2025

Motor Vehicle Tax Formula:

\[ Tax = CIF \times Rate \]

UGX
decimal

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1. What is Motor Vehicle Tax?

The Motor Vehicle Tax is a levy imposed by the Uganda Revenue Authority (URA) on imported vehicles. It's calculated as a percentage of the CIF (Cost, Insurance, and Freight) value of the vehicle. This tax applies to all motor vehicles imported into Uganda.

2. How Does the Calculator Work?

The calculator uses the simple formula:

\[ Tax = CIF \times Rate \]

Where:

Explanation: The tax is calculated by multiplying the CIF value by the applicable tax rate. The rate varies depending on vehicle type, engine capacity, and other factors as per URA regulations.

3. Importance of Vehicle Tax Calculation

Details: Accurate vehicle tax calculation is crucial for importers to budget properly, comply with URA regulations, and avoid penalties. It helps determine the total cost of importing a vehicle into Uganda.

4. Using the Calculator

Tips: Enter the CIF value in UGX and the applicable tax rate as a decimal (e.g., 20% = 0.20). The calculator will compute the tax amount in UGX.

5. Frequently Asked Questions (FAQ)

Q1: What is included in CIF value?
A: CIF includes the cost of the vehicle, insurance premium, and freight charges to Uganda.

Q2: How do I know the correct tax rate?
A: Tax rates vary by vehicle type (car, truck, bus), engine capacity, age, and fuel type. Check URA's current rate schedule.

Q3: Are there other charges besides this tax?
A: Yes, there may be additional fees like VAT, withholding tax, and registration fees depending on the vehicle.

Q4: Can I dispute the CIF valuation?
A: URA has valuation guidelines. If you believe their valuation is incorrect, you can provide supporting documents.

Q5: Where can I get official tax information?
A: Visit the Uganda Revenue Authority (URA) website or their offices for the most accurate and updated information.

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