VAT hiked, more taxes and levies introduced
Monday’s Budget Speech, and the announcement that Value Added Tax (VAT) will soon be increased alongside the introduction of other forms of taxes and levies, has left many scratching their heads and wondering how they are going to make ends meet.
Delivering the Budget Speech, the Finance Minister, Dr. Thapelo Matsheka, stressed the changes are part of the government’s efforts to restore the fiscal balance in the face of growing budget deficits.
While Botswana has benefitted from high revenues in the past, Matsheka noted the majority of governm...
SIGN UP and Login to read full story. Thank you.
In this article:2020/21 Budget Speech, Business, Dr Thapelo Matsheka, SACU, SADC, Voice Money
Click to comment
