Africa tax in brief
23 May 2014
Posted by: Author: Celia Becker
Author: Celia Becker (ENS)
Botswana: E-service introduced by Tax Authority
The Botswana Unified Revenue Service (BURS) introduced an
E-service, enabling taxpayers to view tax information, including submitted VAT
returns, income tax notices of assessment, withholding tax debit
acknowledgements, ASYDUCA statements, customs assessment notices, tax
compliance summary reports and acknowledgement of payments online.
VAT returns can also now be filed electronically. With effect from 1 April 2014 online payments
to BURS will be made directly to the BURS Bank of Botswana account and all BURS
accounts with commercial banks will be closed.
Taxpayers can access E-services by applying on the BURS
website for a password.
Lesotho: 2014/15 Budget
Lesotho’s 2014/15 Budget was presented on 20 February. The only significant amendment is replacing
the current zero percent corporate income tax rate applicable to textile
manufacturing intended for export outside of the South African Customs Union
with the general 10% rate.
Malawi: Introduction of electronic fiscal devices for
The Malawi Revenue Authority (MRA) introduced the required
use of Electronic Fiscal Devices (EFDs), an advanced version of electronic cash
register recording all sales transactions, for VAT operators with effect from 6
March 2014. The EFDs will be implemented
through a phased approach, with the deadline for the first phase being 30 June
VAT operators who procure the requisite EFD within four
months from the commencement of each phase are entitled to recover the cost of
the EFD from the MRA through the following month’s VAT return.
Namibia: 2014/15 Budget
Namibia’s 2014/15 Budget was presented on 19 February
2014. The non-mining corporate tax rate
is to be reduced to 32% and withholding tax on royalties to non-residents to
9.6%. The VAT registration threshold is
to be increased from N$200 000 to N$500 000.
To broaden the revenue base, the introduction of
environmental taxes was proposed, which will encompass a carbon dioxide
emission tax on motor vehicles, incandescent light bulbs, and motor vehicle
tyres. The Minister also proposed an
export levy on primary commodities and natural resources including minerals,
crude oil, gas, fish and game in order to promote domestic value-addition.
Seychelles: New Tax Act
In terms of the newly enacted Corporate Social
Responsibility Act, businesses with an annual turnover of SCR1 million are
subject to Corporate Social Responsibility Tax of 0.25% on the monthly turnover
of the current year of payment.
The pension contribution rate applicable to both employer
and employees in the Seychelles has been increased from 1.5% to 2% with effect
from 1 January 2014.
Swaziland: 2014/15 Budget
Swaziland’s 2014/15 Budget was presented on 21 February
2014. The Swaziland Revenue Authority,
in partnership with COMESA, has embarked on upgrading the Automated System of
Customs Data (ASYCUDA), which will provide an improved customs administration
platform, including the direct payment of VAT refunds at the border.
This article first appeared on ens.co.za.