Unified Revenue Service runs tender for live e-invoicing build The Botswana Unified Revenue Service (BURS) is running a tender for the build of an electronic VAT billing solution. The government had announced earlier this year its plan to introduce structured e-invoicing regime as part of
Ending of prolonged temporary VAT rate cut from 14% to 12% Botswana’s Unified Revenue Service has confirmed that the standard Value Added Tax rate has reset to 14% on 1 April 2023. This follows a nine-month reduction following inflation concerns. Jan 2023 Extension of temporary inflation
Inflation hits 12.7% prompting temporary reversal of 2021 VAT rise Botswana is to cut VAT from 14% to 12% from 1 August until 31 January 2023. Botswana raised VAT to 14% in April 2021. The measure was to shore up revenues following the COVID-19 crisis
COVID-19 crisis forces tax hike The African state of Botswana has been forced into a Value Added Tax rate rise from 12% to 14%. The measure is to shore up revenues following the COVID-19 crisis which has affected its tourism and mining sectors. There will
