Botswana

Botswana runs a territorial tax system and has no national social security scheme. For payroll teams new to the country, those two facts shape almost every decision about how income is taxed and what contributions are required. Here's what...

The Minister of Finance, Honourable Thabo Sophonea, presented the Budget Speech for the Kingdom of Lesotho on the 2nd of March 2022. The proposed changes were gazetted on Friday, 8 April 2022. As per the Income Tax (Monetary Amounts)...

Botswana's tax year runs from 1 July to 30 June, so the 2025/2026 tax tables came into effect on 1 July 2025. The most significant change is the top marginal rate increasing from 25% to 26.5%. The personal allowance (BWP 48,000 per year)...