BURS exceeds 2020 target, rakes in P40bn

Friday, May 21, 2021

Targetting more. Lekau is aiming at more collections this year PIC PHATSIMO KAPENG

LOBATSE: The Botswana Unified Revenue Service (BURS) collected P40 billion in various taxes last year, exceeding the target set by the government of P37 billion despite the effects of the COVID-19 pandemic, BusinessWeek has learnt.

Initially, the government had given the BURS a target of P43 billion, but this was later revised due to the effects of the COVID-19, which paralysed the economy.

Numbers made available this week indicate that about P16.2 billion was collected from customs and excise revenue, P11.4 billion from non-mineral income tax, P7.8 billion from Value Added Tax (VAT) and P2.4 billion from mineral taxes, amongst others.

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BURS exceeds 2020 target, rakes in P40bn

LOBATSE: The Botswana Unified Revenue Service (BURS) collected P40 billion in various taxes last year, exceeding the target set by the government of P37 billion despite the effects of the COVID-19 pandemic, BusinessWeek has learnt.

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