The Resource Estimates of the compliance costs of value added tax in Botswana

Estimates of the compliance costs of value added tax in Botswana

Label
Estimates of the compliance costs of value added tax in Botswana
Title
Estimates of the compliance costs of value added tax in Botswana
Creator
Subject
Language
eng
Summary
This article presents estimated average and aggregate recurrent compliance costs of the VAT for businesses in Botswana for the financial years 2009-10 and 2010-11. This is the first research study into tax compliance costs in Botswana, a diamond-rich developing country in southern Africa. VAT was first introduced in July 2002 at a rate of 10 per cent, and this was increased to 12 per cent in April 2010. The average (gross) compliance costs are estimated at BWP 110 million and BWP 169 million, for 2009-10 and 2010-11 respectively. Indicatively, these estimates are roughly around USD 1,000 per business and USD 17-23 million in aggregate. Overall, the VAT compliance costs represents around 0.1 per cent of Gross Domestic Product for both years and approximately 2.9 per cent and 3.6 per cent of VAT revenue in 2009-10 and 2010-11 respectively. The findings of the study confirm the ususal regressive pattern of tax compliance costs. The article concludes with policy recommendations for Botswana's VAT system
Citation source
In: New Zealand journal of taxation law and policy. - Wellington. - Vol. 19 (2013),
http://library.link/vocab/creatorName
  • Makara, T
  • Pope, J
Geographic coverage
Africa
Language note
English
http://library.link/vocab/subjectName
  • VAT
  • compliance costs
  • developing countries
  • tax policy
Label
Estimates of the compliance costs of value added tax in Botswana
Instantiates
Publication
Label
Estimates of the compliance costs of value added tax in Botswana
Publication

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