Web1. Salaries, wages, bonus, allowances; 2. Commission, pension, lump sum payments; 3. Commutation of amounts under a contract of employment; and. 4. Non-cash benefits to … WebDec 15, 2024 · NRST is payable at the standard rate of 10% where a company holds more than 25% shares in the Namibian company. In all other cases, NRST payable is 20%. The rate of NRST may be reduced if a DTA is in place with Namibia. NRST is payable within 20 days following the month in which the dividends were declared.
Individuals - burs.org.bw
WebMar 25, 2024 · Multiply the hourly wage by the number of hours worked per week. Then, multiply that number by the total number of weeks in a year (52). For example, if an … WebThe easiest way to compare 2024 and 2024 income tax rates is to download our free Botswana income tax calculator. Download Botswana Income Tax Calculator This free excel-based tool allows you to compare 2024 and 2024 PAYE rates for yourself or for your Botswana based employees. location. SCI Wealth (Pty) Ltd picks in spanish
Botswana Annual Tax Calculator 2024 iCalculator™
WebCompany tax rates 2024/22 Corporate tax rate 32% Branch income tax 32% Diamond mining companies 55% Mining Companies (other than diamond mining companies) 37.5% Long term insurance companies (40% of gross investment income taxed at 32%) 12.8% Petroleum Companies (exploration -, development - or production operations) 35% Capital gains taxes WebIncome Tax. Income Tax is a direct tax that is levied on persons income and gains for each tax year. It is administered under Income Tax Act (ITA) Cap 52:01.It is source based, this … WebBotswana personal tax regime is based on taxable income brackets. Botswana tax rates for individuals have been amended so that the non-taxable threshold for resident individuals is increased from BWP 25,000 to BWP 30,000 per year and the top marginal tax rate of 25% will now apply to income over BWP 120,000 per year. pick sides