Income tax on rent, worked example, in Botswana
Taxation Researcher | August 18, 2021
DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on November 11, 2015.
1 The property is jointly owned by husband and wife.
2 Exchange rate used: 1.00 US$ = 10.00 BWP
3 Estimated values. In reality, expenditure must be necessarily incurred and properly documented.
4 Rental income earned by nonresident individuals is taxed at progressive rates.
|TAXABLE INCOME (US$)||TAX RATE|
|120,000 -156,000(US$ 15,600)||18.75%|
|Over 156,000(US$ 15,600)||25.00%|