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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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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