Botswana: Tax proposals in budget 2024-2025

Introduction of digital tax on electronic transactions

Introduction of digital tax on electronic transactions

The Minister of Finance and Economy Development today presented the budget for 2024-2025. Regarding tax, the budget proposes:

  • Reviewing fiscal laws to consolidate, simplify, and modernize them to deal with the evolving nature of the global business environment
  • Introduction of digital tax on electronic transactions
  • Implementation of electronic invoicing (e-billing) for efficient value added tax (VAT) collection which is scheduled for completion in December 2024
  • Implementation of a “track and trace” solution to mark and track excisable goods by July 2024
  • Enhancement of electronic services platforms to simplify tax compliance and foster a business-friendly environment

Read a February 2024 report [PDF 2.9 MB] prepared by the KPMG member firm in Botswana



The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.