Advertisement

BURS exceeds 2020 target, rakes in P40bn

Targetting more. Lekau is aiming at more collections this year PIC PHATSIMO KAPENG
Targetting more. Lekau is aiming at more collections this year PIC PHATSIMO KAPENG

LOBATSE: The Botswana Unified Revenue Service (BURS) collected P40 billion in various taxes last year, exceeding the target set by the government of P37 billion despite the effects of the COVID-19 pandemic, BusinessWeek has learnt.

Initially, the government had given the BURS a target of P43 billion, but this was later revised due to the effects of the COVID-19, which paralysed the economy.

Numbers made available this week indicate that about P16.2 billion was collected from customs and excise revenue, P11.4 billion from non-mineral income tax, P7.8 billion from Value Added Tax (VAT) and P2.4 billion from mineral taxes, amongst others.

Advertisement
Editor's Comment
As A3 opens, responsibility rests with driver

For decades, the Francistown-Nata road has witnessed countless accidents, many of them fatal. Families have lost loved ones. Businesses have suffered delays while motorists have repeatedly complained about the poor condition of the road.The opening of the new section is therefore welcome news and a reminder that investing in quality infrastructure can save lives.However, while the smooth new surface brings relief, it also comes with greater...

Have a Story? Send Us a tip
arrow up