Up to 60% of taxpayers dodge dues – BURS
Friday, May 13, 2022 | 7100 Views |
BURS Headquarters. PIC MORERI SEJAKGOMO
The BURS study, revealed at a recent media briefing recently, indicates that the tax losses could measure up to five percent of the country’s Gross Domestic Product (GDP), an economic indicator that for 2021 was estimated at just under P200 billion.
“We did a tax gap study in the past financial year and it shows that between 40% and 60% of those who would otherwise be paying tax across the spectrum are not paying,” BURS’ Commissioner of Operations, Phodiso Valashia told the media. “That translates to between four and five percent of the GDP in terms of the money that would otherwise be accruing to Botswana in tax.”
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...