igg declaration form 2021

Get the free igg declaration form 2021

THE REPUBLIC OF UGANDA LEADERSHIP CODE ACT 2002 DECLARATION OF INCOME ASSETS AND LIABILITIES FORM NOTE LEADERS ARE ADVISED TO CAREFULLY READ THE NOTES FOR COMPLETION OF DECLARATION OF INCOME ASSETS AND LIABILITIES ON THE NEXT PAGE BEFORE COMPLETING THIS FORM. For each form submitted there will be an acknowledgement slip issued. In completing paragraph 10 detailed information should be given to explain how the landed property vehicles machinery boats shares etc were acquired. You are expected...
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. The forms for each year, on form 1A1, have been issued on the same date as the year in which they are to be completed. Forms 3A, 3B and 3C are to be used in any other years. 3. In case the amount of income required is not specified by the Act on the next page, the amount of income in Uganda per year is to be estimated using the following: i. The amount of net income which is received according to Article 1 in the year of calculation to be shown on Form 3A, and ii. The amount of the expenditure on food, rent or any other public expenditure by the person/persons concerned according to Article 3A. If the amount of the income is not mentioned on the next page, the amount of income per year specified below is as set out at the end of Schedule 1. If the person/persons concerned does not have any income but they have a business income, it is assumed that the business expenses are the same as expenses on which income was received. In the case of a person/persons whose business income is not mentioned, the amount by which he/she makes up the business expenses which do not receive income per year is to be assumed as an additional amount of income per year. For example, if the person/persons concerned has an income of INR 5,000 and his expenses, or expenses if they are incurred by members of his family, are estimated to be of INR 500, he must be assumed to be an employee earning INR 3,000 at the time. 4. Unless otherwise stated in the form, only the persons and their businesses, and persons who have assets belonging to them should be given. This will prevent false declarations. 5. Unless otherwise stated in the form to the contrary, the amount of income for each year which is to be stated on the notice of the Ministry of Finance is the income reported by the taxpayer in the financial year ending in which the notice of the Ministry of Finance is issued. If income is received in respect of a certain calendar year ending in the current calendar year (i.e. in the year of the notice of the Ministry of Finance), the income reported in this financial year is used instead of the annual income reported on the notice of the Ministry of Finance. 6. The income in respect of each person is shown on Form 3A when the notice of the Ministry of Finance is received by the individual. The amount of income for each person for the corresponding year is then
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