Misleading claim that government plans to introduce law to tax NSSF savings

Claim

Government plans to tax NSSF savings

Author
Daily Monitor
Verdict
Incorrect
Secretary to the treasury Ggoobi dismissed the claims and said retirement benefits are tax free

The claim that government plans to introduce law to tax NSSF savings is false.

The claim was made in an article by Daily Monitor.

However, according to Secretary to the treasury, Ramathan Ggoobi, this is not true.

Ggoobi clarified that according to Uganda’s Constitution, all retirement benefits are tax exempted and dismissed Monitor’s claims.