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Botswana has enacted/promulgated the Income Tax Amendment Act of 2024, effective 15 January 2024. The amendments increase the tax exemption from one third to 50% for certain lumpsums received by an employee, below is summary of the changes:
Gratuity…
The new tax rates for Botswana have been published in the Income Tax Amendment Act, 2021 and are effective 1 July 2021.
Please click here to view the Income Tax Amendment Act and click here to view the Income Tax Amendment Act Commencement Order.
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