7 Comments
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Jonathan kityo kakembo's avatar

Is interest earned on fixed income taxed and if so at what rate?

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Kakande Alex's avatar

FDA has a 15% WHT.

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Enos Karibwende's avatar

Is that rate p.a or p.m

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Simon Peter Ssali's avatar

Amex I, if someone fixes money on the FDA for say 10 years, is the interest compound like in the UTFs?

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eKandaruku's avatar

Is the 15% WHT tax applied to the gross (Deposit + Interest) or only on the interest. Because at the FDA interest rates, the WHT might be a deal breaker

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Jonathan kityo kakembo's avatar

What is the tax on government bonds

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Brendah Namubali's avatar

I think it comes down to the investor’s goals but I still would choose unit trusts

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