Taxman's bitter pill will be hard to swallow
Friday, November 06, 2020
Following months of signals from authorities such as the Bank of Botswana (BoB) and the Botswana Unified Revenue Service (BURS), the Finance and Economic Development ministry has confirmed that the dreaded increases in certain types of tax will take effect next year.
The Budget Strategy Paper, a Finance Ministry blueprint released as part of the budget process each year, indicates that government expects revenues of P58.8 billion in the 2021-2022 financial year, up from P52.3 billion in the current year, which ends on March 30, 2021.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...