Botswana Flag

Botswana: Inheritance

In Depth

Find Property

Directory

Global Statistics

Regional Statistics


Last Updated: Aug 23, 2008

Inheritance tax and law

ESTATE DUTY

Estate duty is levied on the estate of the deceased person at progressive rates. An inheritance received by a spouse is not taxable.

ESTATE DUTY

TAX BASE, BWP (US$) TAX RATE
Up to 60,000 (US$8,433) 5%
60,000– 90,000 (US$12,649) 12.50% over US$8,433
90,000 – 120,000 (US$16,865) 18.75% over US$12,649
Over 120,000 (US$16,865) 25% on all value over US$16,865
Source: Global Property Guide

Capital Transfer Tax

Capital transfer tax is levied on the gratuitous transfer of property by way of inheritance and donations. The beneficiaries are liable to pay and the tax is based on the market value of the property.

CAPITAL TRANSFER TAX

TAX BASE BWP (US$) TAX RATE
Up to 100,000 (US$14,054) 2%
100,000 - 300,000 (US$42,163) 3% on band over US$14,054
300,000 – 500,000 (US$70,271) 4% on band over US$42,163
Over 500,000 (US$70,271) 5% on all value over US$70,271
Source: Global Property Guide

 

Botswana - more data and information

Your Comments

Be the first to comment!

Post a comment

Email address is kept strictly confidential
* Optional, but allows us to notify you when your comment has been posted.
Comments submitted using this form will be published.
Note that the editors cannot answer specific questions, e.g., about law or taxation.
These issues can be raised by posting publicly here, where often knowledgeable local readers are able to assist.



Subscribe to our Newsletter!

Enter your email address to sign up.