Botswana
Sources and data for Botswana
Every value the calculators use, with its effective dates and a link to the official source.
Income tax rates for resident individuals (annual taxable income)
- Current value
Table with 6 brackets
P 0 / P 48,000 0% P 48,000 / P 84,000 5% P 84,000 / P 120,000 12.5% P 120,000 / P 156,000 18.75% P 156,000 / P 400,000 25% P 400,000 + 27.5% - From
- 1 July 2026
- Checked on
- 27 October 2026
Resident individual rates for tax years 2020/2021 to 2025/2026
- Current value
Table with 5 brackets
P 0 / P 48,000 0% P 48,000 / P 84,000 5% P 84,000 / P 120,000 12.5% P 120,000 / P 156,000 18.75% P 156,000 + 25% - From
- 1 July 2020
- Checked on
- 27 October 2026
Income tax rates for non-resident individuals (annual)
- Current value
Table with 5 brackets
P 0 / P 84,000 5% P 84,000 / P 120,000 12.5% P 120,000 / P 156,000 18.75% P 156,000 / P 400,000 25% P 400,000 + 27.5% - From
- 1 July 2026
- Checked on
- 27 October 2026
Rates of tax on the net aggregate gain of individuals
- Current value
Table with 6 brackets
P 0 / P 36,000 0% P 36,000 / P 84,000 5% P 84,000 / P 120,000 12.5% P 120,000 / P 156,000 18.75% P 156,000 / P 400,000 25% P 400,000 + 27.5% - From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Company income tax rates
- Current value
- Company (general rate) 24.5%
- IFSC company, approved financial operations 15%
- Mutual association 5%
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Resident withholding tax rates
- Current value
- Dividends 10%
- Interest 10%
- Director's fees 10%
- Construction contract payments 3%
- Rent 5%
- Commission or brokerage 10%
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Non-resident withholding tax rates
- Current value
- Dividends 10%
- Interest 15%
- Royalties 15%
- Technical fees 15%
- Insurance premiums 3%
- Payments to entertainers 10%
- Director's fees 15%
- Sale of an asset by a non-resident 10%
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Yearly rent or commission below which no withholding applies
- Current value
- P 48,000
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
VAT standard rate
- Current value
- 14%
- From
- 1 July 2026
- Checked on
- 27 October 2026
Compulsory VAT registration threshold (taxable supplies in 12 months)
- Current value
- P 1,000,000
- From
- 1 July 2026
- Checked on
- 27 October 2026
Non-taxable part of a gratuity, severance pay or retrenchment payment
- Current value
- 50%
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Non-taxable part of a pension or provident fund lump sum
- Current value
- 50%
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Cap on a resident's own retirement fund contributions
- Current value
- 15%
- From
- 1 July 2026
- Source
- BURSIncome Tax Act, 2026 (Act No. 13 of 2026), Gazette of 1st July 2026, commencement 01.07.2026
- Checked on
- 27 October 2026
Yearly value of employer-owned housing
- Current value
- Rateable property (share of rateable value) 10%
- Not rateable (share of capital valuation) 8%
- From
- 1 July 2026
- Checked on
- 27 October 2026
Capital valuation per square metre of floor area for housing that is not rateable
- Current value
- P 2,500
- From
- 1 July 2026
- Checked on
- 27 October 2026
Cap on the housing benefit as a share of employment income above P58 600
- Current value
- 27.5%
- From
- 1 July 2026
- Checked on
- 27 October 2026
Yearly value of a company car as a share of its cost
- Current value
- 10%
- From
- 1 July 2026
- Checked on
- 27 October 2026
Minimum paid annual leave earned per month
No verified figure for today
Overtime pay as a share of the normal rate
No verified figure for today
Pay for work on a public holiday as a share of the normal rate
No verified figure for today
Divisor to turn a monthly wage into a daily rate
No verified figure for today
Minimum notice for workers paid daily or weekly
No verified figure for today
General minimum wage per hour
No verified figure for today
Transfer duty on immovable property
No verified figure for today
Values that update automatically
National CPI, annual inflation rate
- Current value
- 7.8%
- Latest figure
- 1 September 2026