New PAYE tables and new taxes commence
Friday, June 11, 2021
New PAYE Tables
The exemption threshold for PAYE will increase and reduce PAYE or Personal Income Tax for all individuals. Previously, individuals earning P3 000 per month were not required to pay tax but with the new law, this threshold shall increase to P4 000 per month.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...