Bertrand Russell once said, What men want is not knowledge, but certainty. This quote resonates with a lot of investors and businesses in terms of trade...
A returning resident of Botswana and natural persons changing residence to Botswana for whatever reasons upon satisfying immigration requirements are entitled to duty free of goods...
Botswana has been under scrutiny from organizations such as Organisation of Economic Cooperation and Development (OECD), French government and Financial Action Task Force (FATF) in relation...
Property tax has been highlighted as an untapped market in Africa. Generally, in our side of the world this is known as property rates and are...
Businesses now and then purchase assets from or through their related companies for various business purposes such as efficiency and maximising on the value chain. One...
International Financial Service Centre (IFSC) is a worldwide phenomenon based on attracting financial services companies to a certain jurisdiction for creation of employment and contribute to...
As we battle with Corona and get into the middle of one of the dreaded seasons; the flu season, 30th of June 2020 marks the end...
There are 2 certainties in life; death and taxes. This is one of the most common quotes in the world today, tax is certain that youll...
Income tax is payable on earned income, this can be business profits, investments or employment income. The income tax act requires that all those earning income...
The government on its press release dated 2nd April 2020 had proposed that as part of the Covid19 relief package taxpayers will be allowed to defer...
Tax is the traditional revenue earner for governments across the world. As countries implement lockdowns and some businesses are closed this means that consumption taxes like...
Covid-19 continues to have impact on businesses and individuals alike, while some employees may lose their jobs and businesses be forced to shut down and never...
The government in response to the Covid19 pandemic opened an account where various stakeholders can donate towards efforts to combating the pandemic. Individuals, companies and other...
The Corona Virus continues to cause harm to our economy and the government has since come up with initiatives that aims at assisting those who are...
Corona Virus has disrupted international supply chain and business operations and markets of the world over, lot of traders have lost value on their stocks and...
In the past 2 weeks BURS has been in various media officially announcing the commencement of the Transfer Duty Amendment Act of 2019 and that they’ll...
Max Lucade once said “Conflict is inevitable, but combat is optional”. Just like in any relationship whether romantic, friendship or industrial related, taxpayers and tax authorities...
Consideration of market constraints or forced sales value (section 15) The acquisition of property in Botswana can be quite expensive as market values are usually too...
The recently published Transfer Duty Amendment Bill 2018 proposes to exempt eligible beneficiaries that receive immoveable property donations through programs such as the National Housing Appeal...
Among the promises that Honourable Mathambo has made in the past was to amend the Transfer Duty Act to exempt first-time home owners from Transfer Duty....