Inside Uganda’s 2025 Tax Shakeup: Income Tax Exemptions, VAT Crackdowns, and New Trade Levies Uganda’s 2025 Tax Amendment Bills, as unpacked in the PwC advisory by Pamela Natamba, Trevor Lukanga, Hilda Kamugisha, Doreen Mugisha, Plaxeda Namirimu, Samson Ssonko, Sophie Kayemba, and Juliet Najjinda, mark a decisive moment in the country’s fiscal evolution. With measures ranging from income tax exemptions for SMEs to compliance crackdowns on gaming and digital services, the reforms reflect the government’s delicate balancing act between revenue generation, economic formalisation, and support for local enterprise. As businesses brace for impact, the success of these sweeping reforms will depend not only on legal enactment but also on practical implementation, stakeholder readiness, and continuous dialogue between the private sector, policymakers, and tax professionals.