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Botswana Guidance on Temporary VAT Rate Reduction

The Botswana Unified Revenue Service (BURS) has published a guidance note on transitional rules for the temporary VAT relief recently introduced for a period of 6 months. The temporary relief includes a reduction in the standard VAT rate from 14% to 12% and a zero rate for cooking oil and liquid petroleum gas. One of the key points of the guidance is the clarification that the relief is effective from 3 August 2022.

Source Orbitax

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