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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
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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