Homeowners tax exemption still to be implemented

Job seekers outside labour offices
Job seekers outside labour offices

The implementation of a proposed tax exemption on first time homeowners, which was announced by the Minister of Finance, and Development Planning Kenneth Matambo in the 2014 budget is still to be implemented.

The status quo is a source of frustration for the parliamentary Committee on Statutory Bodies and State Enterprises. The committee chairperson, Samson Moyo Guma expressed his unhappiness when they were examining the books of the Botswana Unified Revenue Services yesterday. Guma expressed concern at the delayed implementation of the policy.

“This was mentioned to Parliament in the budget speech. We passed the budget with the understanding that the implementation should not be a problem,” said Guma.

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