Tax – an overview. Nigel Dixon-Warren. Introduction. Does Botswana need tax? Government revenues* (31/03/09 = P30bn): Income Tax ( incl CTT ) P8bn (26.7\%) VAT P4.25bn (14.2\%) Customs P7.75bn (25.8\%) Mineral royalties & Divs P6.7bn (22.3\%) Divs from parastatals ** P1.4bn (4.7\%)
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*excludes sales of bonds and treasury bills of P1.95bn
** includes Bank of Botswana P1.3bn