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BURS bemoans low response as tax amnesty nears end

Monday, June 20, 2022 | 1040 Views |

Eyes on the ball: Makgolo PIC: PHATSIMO KAPENG

The Botswana Unified Revenue Service (BURS) has recovered just P682 million of the P2.5 billion in outstanding tax liabilities it had been hoping to collect under the 12-month tax amnesty which ends on June 30.

The tax agency calculated that it was owed a total of P6.8 billion comprising P2.5 billion in principal tax as well as P4.3 billion in interest and penalties.

Under the amnesty, which kicked off on June 30 last year, taxpayers with outstanding obligations were given an opportunity to pay only the principal and have the interests and penalties wiped off their bills.

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BURS bemoans low response as tax amnesty nears end

The Botswana Unified Revenue Service (BURS) has recovered just P682 million of the P2.5 billion in outstanding tax liabilities it had been hoping to collect under the 12-month tax amnesty which ends on June 30.