Botswana: Tax proposals in 2026-2027 budget
Including raising corporate income tax rate by 3% and reducing zero-rated VAT list
The Ministry of Finance and Economic Development on February 9, 2026, presented the 2026-2027 budget proposals to the National Assembly, which include:
- Raising the corporate income tax rate by 3%
- Increasing individual (personal) income tax by 2.5% for top earners (annual income above P400,001)
- Reducing the zero-rated value added tax (VAT) list
Read a February 2026 report prepared by the KPMG member firm in Botswana