Muted cheers as BURS exceeds tax targets
Thursday, April 14, 2022 | 1120 Views |
![BURS Headquarters in Gaborone PIC: MORERI SEJAKGOMO](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2022/04/14/35179.jpg&w=800&q=72&f=jpg&t=1)
BURS Headquarters in Gaborone PIC: MORERI SEJAKGOMO
Yesterday, officials at the tax agency said the improved collections were helped by higher contributions from income taxes and Value Added Tax (VAT).
VAT was increased to 14% in April 2021, while the withholding tax on dividends was increased to 10% from July of the same year. Authorities however, raised the income tax threshold for resident taxpayers to P48,000 per annum, from P36,000.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...