On February 10, 2025, the Minister of Finance and Economic Development presented the 2025/2026 Budget Speech to the National Assembly. Below are some of the key points.
The strategic tax law review is progressing and intends to introduce three tax bills:
- The new Tax Administration Act;
- Revised Income Tax Act;
- Revised VAT Act.
The following plans have been introduced to strengthen efficiency and compliance:
- Enhance the Botswana Unified Revenue Service (BURS) by investing in solut…