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Welcome to Moneychaps. Your financial education and empowerment partner.
30/09/2021
Moneychaps wishes Botswana a happy and safe 55th Independence Day!
To wrap up our Tax discussion, we thought we’d host a little Q&A questions to clear any doubts or provide more information to you..
What would you like to know about tax and taxation(especially in Botswana)?
29/08/2021
Did you know that in Botswana, intent to evade liability to tax is a criminal offence. Any person who wilfully and with intent to evade liability to tax fails to comply with the provisions of section 58 shall be guilty of an offence and liable to a fine of P4,000 and to imprisonment for two years.
In regards to aiding and abetting an offence: An incorrect return, account, statement or any incorrect information relating to any matter affecting the tax liability of that other person, the first-mentioned person shall be guilty of an offence and liable to a fine of P2,000 and to imprisonment for one year.
Where any person wilfully and with intent to assist any other person to evade assessment or liability to tax does any of the matters referred to in section 123, he or she shall be guilty of an offence and liable to a fine of P4,000 and to imprisonment for two years.
26/08/2021
Have you wondered just what exactly the money you contribute towards taxes go? We’ve complied a few basic examples to give you a better idea
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