No VAT claims on passenger vehicles
Some businesses find it beneficial to lease a motor vehicle for a specific period of time as opposed to acquiring...
Some businesses find it beneficial to lease a motor vehicle for a specific period of time as opposed to acquiring...
Effective 23 May 2015, the VAT Act (Act) was amended to increase the sales threshold of VAT registration from P...
The financial system has taught us that we always need to get money from a bank or other financial institution...
Generally, mistakes are common in everyone’s everyday dealings. Unlike any other error, a tax mistake or error may result in...
Income tax is generally levied on income that is generated or deemed to be generated from a source in Botswana....
Some debts tend to be rescinded or nullified after the lapse of a certain number of years or period. Such...
Generally, the Income Tax Act provides a tax relief for individuals who dispose of their houses. In such cases, the...
The background The Income Tax Act was amended to restrict or limit loan interest deductions for tax purposes. The restriction...
The private societies Basically, private societies relate to those organisations formed or created by private individuals, partnerships or private organisations....
The basics Basically, transfer duty is levied on the disposal or transfer of immovable property. The tax is paid by...