- Botswana will implement mandatory electronic invoicing for VAT in 2025
- The system will use a Continuous Transaction Control model
- All VAT-registered taxpayers must issue invoices through a central system
- The decision follows a three-year pilot program ending in March 2025
- Announced in the 2025/2026 Budget Speech in February 2025
- Botswana Unified Revenue Service will receive transaction data in real time
- Aims to improve tax compliance and reduce unreported sales
- Budget proposals for 2025-26 were presented in February 2025
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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