- Transition to Electronic VAT Invoicing: Botswana’s Minister of Finance announced the nationwide rollout of an Electronic VAT Invoicing Solution in the February 2025 Budget Speech, aimed at closing the VAT gap, combating fraud, and modernizing the tax system.
- Implementation Timeline: Following a successful pilot phase from 2022 to March 2025, mandatory e-invoicing for all VAT-registered businesses will commence in March 2026, with real-time reporting and expanded VAT rules for digital economy transactions effective from September 2025.
- Business Preparation and Benefits: Companies must prepare for compliance by generating structured e-invoices, obtaining BURS clearance, and ensuring data accuracy. Benefits include faster VAT refunds, reduced errors, and improved transaction data for better financial planning, with a readiness checklist emphasizing cross-functional collaboration and testing before the mandate.
Source: RTCsuite.com
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Electronic VAT invoicing solution mandatory from March 2026
- Electronic Invoicing Implementation: The Botswanan government has announced the rollout of electronic invoicing following a successful three-year pilot program that concluded in March 2025, as detailed in the 2025/2026 Budget Speech.
- Real-Time Reporting Requirement: The new system will require all VAT-registered taxpayers to issue e-invoices through a centralized platform, enabling the Botswana Unified Revenue Service (BURS) to receive real-time information on VAT transactions and improve tax compliance.
- Further Details Pending: Additional technical information and specifics about the electronic invoicing project are expected to be released in the coming months, as many key details are still undisclosed.
Source Orbitax
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
