VATupdate

Extension of temporary reduced VAT rate

The temporary reduction of Botswana’s standard VAT rate to 12% from 14% has been extended through 31 March 2023. The six-month reduction was originally due to expire on 3 February 2023.

In addition, as from 4 February 2023, the VAT rate on supplies of cooking oil and liquified petroleum gas (LPG) will revert to the standard rate.

Source: Deloitte

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