The announcement includes: 1) a reduction in the standard VAT rate to 12 percent from 14 percent; and 2) zero-rated VAT rate for cooking oil and liquified petroleum gas.
Source: bloombergtax.com
Latest Posts in "Botswana"
- Botswana Enacts VAT Law Amendments; Effective Date Pending Announcement
- Botswana to Implement VAT on Remote Services and Introduce Reverse Charge Mechanism
- Botswana Parliament Passes VAT Amendment Bill to Modernize and Expand Tax Base
- Botswana Updates VAT Rules for Digital Services
- Botswana Plans to Implement VAT on Digital Services from Foreign Providers
