Botswana
Individual - Sample personal income tax calculation
Last reviewed - 19 April 2024Individual tax calculation for fiscal year ending 30 June 2022
Assumptions
Taxpayer is an expatriate employee who is resident in Botswana.
PIT computation | BWP | BWP |
Salary | 160,000 | |
Overseas allowance | 12,000 | |
Motor vehicle benefit | 2,750 | |
Housing benefit | 3,600 | |
Taxable income | 178,350 | |
Income tax thereon (for tax rates, see the Taxes on personal income section) | 18,637.50 | |
Less: | ||
PAYE paid | (18,637.50) | |
Balance of income tax payable | 0 |
Capital gains tax computation | BWP |
Income from sale of Botswana shares (75% of gain is taxable) | 84,000 |
Capital gains tax payable (for tax rates, see the Other taxes section) | 1,350 |