Cattle farmers decry �impoverishing� new tax
Friday, November 06, 2015
With the new Income Tax (Amendment) Act of 2015, government has exempted the Botswana Meat Commission (BMC) from the 15% taxation and replaced it with four percent tax on money paid to farmers for the supply of cattle deducted as withholding tax.
BNBPU chairperson, Madongo Direng said although it is a good move for the government to do away with taxation of the BMC on gross income derived from sale of meat and meat products, it is “totally unacceptable” to replace it with taxation of the cattle farmers on gross income derived from the sale of cattle for slaughter or feeding.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...