After the recent 1% levy on mobile money transactions for both deposits and withdraws, Airtel Uganda has started reimbursing customers after government directive from Uganda Revenue Authority to reducing transactions tax to 0.5% which only applies to withdraws.
Government in an amendment recently proposed that the 1% excise duty was not applicable to afore mentioned transactions under the exercise duty (Amendment Act), 2018.
All Airtel Money subscribers who had transacted in the period between July 1st and 4th 2018 have already received full tax reimbursement.
“Airtel Uganda is 100% compliant to laws and regulation set by Government and regulators. The refunds have already been made. Our customer care teams will be at your service to handle any issues that may arise, “said VG Somasekhar, Airtel Uganda’s Managing Director.
