mmegi

Serame warns VAT tricksters

On the lookout: Serame
On the lookout: Serame

FRANCISTOWN: Minister of Finance Peggy Serame has issued a stern warning to businesses that do not follow the country’s recently introduced Value Added Tax (VAT) amendments that provide a broad range of exemptions for basic commodities.

Serame was speaking at a Botswana Democratic Party (BDP) Women’s Wing capacity-building workshop here recently. She also used the event to give insight into several policies that her ministry has recently introduced.

The government recently introduced VAT exemptions on certain products as part of efforts to alleviate the cost of living for citizens. Under the amendments, VAT exemptions have been implemented on items such as cooking oil, liquid petroleum gas, salt, infant formula, baby diapers, sanitary pads or tampons, and condoms. Tractors and various agricultural implements have been changed from exempt to VAT zero-rated.

Editor's Comment
WUC must fix its pipes, not just say sorry

“Clean water, the essence of life and a birthright for everyone, must become available to all people now.”– Michel CousteauWe see notices for Block 6, Extension 11, Gaborone, Francistown; the list grows every week. It is good that WUC warns consumers, but so many warnings point to a deep problem. Water pipes are old and falling apart. And the people who pay the bills are the ones suffering.When a main pipe bursts, taps run dry. Families in...

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