“During these period where macroeconomic conditions are not favourable to realise optimal revenue collection, this collection is not a windfall, but the results of deliberate efforts and hard work of visionary men and women of BURS, and our key stakeholders,” Makgolo said. For the financial year 2022/23 which commenced 1st of April 2022, the Botswana Unified Revenue Service has been assigned to collect 46.433 billion. Meanwhile the Botswana Unified Revenue Service has collected more than the target it had set for itself during the financial year 2021/22, ended 31st March 2022. BURS Commissioner General Ms Jeanette Makgolo said according to preliminary accounts for the financial year ended 31st March 2022, the revenue service has raked in total tax revenue of P45.3 billion for the year, surpassing a target of P44.4 billion on the back of a stronger income tax and VAT collection. ” It is a difficult exercise to determine how much the country is losing to tax invasion, because these are individuals and businesses who are hiding from us and don’t want to be seen, that’s why they are not paying tax,” Mr Valashia said. From the latest annual GDP figure of around P190 billion (pre-COVID in 2019), 5 percent of GDP translates to P9.5 billion. The BURS Commissioner Operations said detailed figures will be communicated once the analysis of the findings of the tax gap survey is completed, with a scientific report released. “This translates to about 4- 5 percent of GDP, ” he said.

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