Kampala, September 19, 2016; Cavendish University Uganda (CUU) has been recognized by Uganda’s tax body, Uganda Revenue Authority (URA) as a role model tax payer in Uganda. This was revealed in a private meeting held between both parties at the University main branch located in Nsambya on Ggaba road.
Speaking at the meeting, URA’s IT manager Charles Lugemwa, who led a team that represented Ms. Doris Akol, Commissioner General for Uganda Revenue said that;“We are here to say thank you for paying your taxes promptly.”“As part of our 25 years celebrations we are visiting compliant tax payers to thank them for being exemplary and Cavendish University Uganda has emerged a role model taxpayer.” he advised.
It was further pointed out that in the last one year Cavendish University Uganda had contributed 2.8 billion Uganda shillings in Pay As You Earn fees. Pay As You Earn is the tax paid by the employee from income derived from employment. The duty to calculate an employee’s employment income and remit the subsequent Pay as You Earn tax to the Uganda Revenue Authority lies with the employer and failure to do so is an offence of which there are penalties.
The Cavendish University Uganda Vice Chancellor, Prof KoiMuchiraTirimathanked URA for the recognition and added that, one of their key values is to remain compliant to all our regulator stakeholders. “Meeting one regulators goal means we must meet every regulators goal and we are committed to taking higher education in Uganda to greater heights and establishing ourselves as the best to-go private university in the country,” she remarked.
Over the past several months, Cavendish University Uganda has been working to accelerate its evolution into a market-leading private university. The University is committed to providing quality education by offering a comprehensive range of accredited courses covering market-relevant subject areas such as business, information technology, health sciences and law. In addition, Cavendish has been investing actively to strengthen its university operations to enhance the learning experience of its students. Recently, the University inaugurated two state-of-the art facilities in the Acacia/Bukoto neighbourhood to accommodate law and health sciences students.
