Botswana 2025 Budget Plans Include Increasing Corporate and Personal Tax Rates and Introducing VAT on Digital Trade and E-Invoicing
Botswana's Minister of Finance delivered the 2025 Budget Speech on 10 February 2025. Tax-related plans noted by the Minister include:
- Enacting a new Tax Administration Act to harmonize tax rules, reduce compliance time for taxpayers, and eliminate duplications in filing and paying taxes;
- Enacting a new VAT Act to modernize and broaden its scope to encompass modern business practices;
- Enacting…