Question
Gilbert tax was founded by Scot Gilbert and Kim Rayfield in 2004 and in the years of trading they have built the business up-to 5people
Gilbert tax was founded by Scot Gilbert and Kim Rayfield in 2004 and in the years of trading they have built the business up-to 5people all of whom specialize in tax investigation work and settling disputes with HMRC.
The esterblishement team of tax professionals spent 100% of their time dealing with HMRC disputes and tax investigations Our aim is to provide an revalled customer service with a dedication to representing the client. We are more than happy to work in association practitioners or directly with individuals and business Gilbert tax offers special list advise on practically any form of HMRC investigation of disputes.
We also work in associations with a number of other tax professions to enable a full tax advisory service to be provided if required If you have problems with the tax investigation or a dispute with HMRC then the chance are that gilbert tax can help you.
i) As a comprehensive technical tax expert who is working with gilbert tax in your effort to strengthen tax transparency to combat tax evasion, illicit financial flows and profit shifting in Uganda examine ways and advise accordingly the tax body to tackle this challenges and save millions of additional revenue.
ii) Uganda revenue authority introduced electronic fiscal receipting and invoicing system ( EFRIS ) and digital stamps on goods to ensure transparency and reduce on issues of tax evasion and avoidance. Some tax experts argue that the system has worked to the detriment of the tax payers whereas others think that it has helped the tax body to improve tax administration, assessment and collection. Discuss.
iii) The current situation of covid-19 pandemic has forced government through the ministry of education and sports to close schools as measure to curb the spread of the virus. To ensure continuity of the education sector, government advised schools to adopt on-line learning. However government at the same time
introduced 12% tax on internet bundles. On average, a single lecture, a student uses 1GB per each lesson which is so costly.
Examine the implications of this on online learning.
Member countries with in the east African community signed the east African customs treaty in which it was agreed that east Africa establishes a trade free zone. However in a twist of events, Kenya denied entry of Ugandan sugar, maize and dairy products on grounds of being sub- standard quality goods
i) What measures should government put in place to ensure that this denial of entry of goods in Kenya and other member states doesn’t happen again? What is the implication of this act on the economy and welfare of the member states rejecting entry of goods?
ii) Uganda’s economy is largely an informal sector of which many of the business men and women in this sector don’t pay taxes. A case is Rashid who every evening assembles shoes on the streets of balintuma road and sells on average each pair of shoes shs 40000. None of this income is brought to tax. Advise government on how it can effectively collect taxes from the informal sector a case of Rashid.
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ANSWER I The first step that the tax body should take to tackle the challenge of tax evasion is to ensure that all businesses and individuals are registered with the Uganda Revenue Authority URA This ...Get Instant Access to Expert-Tailored Solutions
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