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BURS’ search for missing tax billions starts with booze industry

In the spotlight: The BURS’ hunt for tax dodgers is starting with the alcohol and tobacco industry PIC: KENNEDY RAMOKONE
In the spotlight: The BURS’ hunt for tax dodgers is starting with the alcohol and tobacco industry PIC: KENNEDY RAMOKONE

The taxman plans to institute a controversial “track and trace” system for the alcohol and tobacco industry this year, a sector it says is among those responsible for the loss of up to P3 billion every year in unpaid taxes. The system’s introduction ends after a six-year battle that went all the way to the Finance Ministry, reports Staff Writer, MBONGENI MGUNI

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.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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