BURS’ search for missing tax billions starts with booze industry
Monday, July 04, 2022 | 3390 Views |
In the spotlight: The BURS’ hunt for tax dodgers is starting with the alcohol and tobacco industry PIC: KENNEDY RAMOKONE
Experts at the Botswana Unified Revenue Service (BURS) believe that if every taxpayer in the country paid their dues, there would either have been no need for the shock tax increases last year or at least the levels of the increments would have been lower.
Instead, a highly revealing tax gap analysis by the agency has found that up to 60 percent, or nearly two in three taxpayers are dodging their obligations, meaning a higher burden on those who actually pay their dues.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...