Financial Planners & Investment Advisers

Botswana Income Tax Changes 2021

2021 changes to Botswana income tax

 

Changes to Botswana’s Income Tax for 2021

At the start of 2021, the Honourable Dr Thapelo Matsheka. Minister of Finance and Economic Development announced changes to Botswana’s income tax rates for individuals.

BURS income tax rates change with effect from 1st July 2021


New BURS Income Tax Rates

The new BURS income tax PAYE rates from 1st July 20201 for individuals resident in Botswana are:


Monthly Income

P0

to

P4,000

per month

0%

P4,000

to

P7,000

per month

5%

P7,000

to

P10,000

per month

12.5%

P10,000

to

P13,000

per month

18.75%

P13,000

and above

per month

25%

These income tax changes result in a tax saving of P3,000 per year for someone earning over P13,000 per month.

Free Botswana Income Tax Calculator

The easiest way to compare 2020 and 2021 income tax rates is to download our free Botswana income tax calculator.

This free excel-based tool allows you to compare 2020 and 2021 PAYE rates for yourself or for your Botswana based employees.