GROW YOUR BUSINESS IN BOTSWANA

Have an enterprise level payroll department and a HRMS with Employee Self-Service at a per employee cost

Where to Find us

Grand Union Building
Central Business District
Second Floor
Gaborone

  • Full Payroll Outsourcing
     

  • Hybrid Payroll Outsource
     

  • International Payment Management
     

  • Local Filing
     

  • Social Security Filing
     

  • Interact with Local Authorities
     

  • Human Resources Management System
     

  • Integration with all Accounting and Third Party

    Software

Praxima Services Include

Benefits of outsourcing to Praxima

Local Tax Compliance

Secure Data Transferring

Responsive Administrators

Increase Productivity

Industry Experts

Running Your Payroll

Focus on Your

Core Business

Full International Quality Payroll Department in Botswana

Payroll Botswana

The tax system in Botswana operates on a territorial bases.  An income is taxable in Botswana if it is sourced within Botswana.  All employment income in Botswana are subject to pay-as-you-earn system and the employer are obliged to pay taxes on behalf of the employee. 

TAX RATES  |  2018 / 2019

 

Tax Rates:              BWP:

​0%:                          0 – 36,000

5%:                          36,001 – 72,000

12.5%:                    72,001 – 108,000

18.75%:                  108,001 – 144,000

25%:                        144,001 - above

STATUTORY FILING  |  2018 / 2019

Residents whose annual gross income exceeds BWP 36000 must register as a taxpayer and must submit their annual tax returns on or before the 30th of September.  Non-residents must register and comply with all obligations in the same manner and residents.  Non-residents are however taxed differently as the first BWP 36000 earned is not excepted from tax. 

SOCIAL SECURITY  |  2018 / 2019

Botswana doesn’t have any national social security legislation that requires employers to contribute towards a pension and insurance scheme for their employees.  

 

It is however required from employers in the non-public sector to make the necessary provisions to contribute to an appropriate private established insurance and pensions scheme for their employees.  These contributions are not to exceed 15% of the employee’s income.

Tax Residents

An individual is considered to be a resident of Botswana if the individual has a permanent place of adobe and is physically present in the country for not less than 183 days in a tax year.

Taxable Income

Expatriate employees are taxed on their income earned within the country and any overseas allowances.  

 

Housing allowances, tax reimbursements and benefits received are included into the taxable income.  Any gratuities paid to an individual with an employment contract signed on or after 1 July 1999, are taxable on two-thirds of such gratuity.  The remaining one-third is tax free. 

 

Dividend income from a foreign sources will be taxed at 15%.  Dividends payable from a resident to a non-resident is subject to 7.5% withholding taxes.  

Exempt Income

Airfares and medical costs for the employee, spouse or dependent borne by the employer in accordance with the employment contract are not taxable.  

Your HRMS is Standard 

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Employee Self-service

Payslip and tax certificate retrieval. Updating of personal particulars. Leave request and balance enquiries

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Records

Employee documents folder. Training records. Heath & Safety records. Disiplinary records. Qualifications, resume and hiring records.

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Work Flow

Workflow with different approval levels. Full work flow functionality for leave requests, expense and time-sheets

PAYMENTS, REPORTING & FILING

  • Direct payment into employee bank accounts. Emailed password protected pay slips.

  • Payment of taxes, benefit providers and other creditors.

  • Filing of returns to the authorities.

  • Generation and filing of statutory reports.

  • General ledger and 100's of customisable reports.

Get in Touch

Outsource to Praxima

Partner with us

Join Mailing List

Tel: 010 035 1050 (+27)
Int: 678 701 3384 (+1)
E-mail:  jhb@praxima.com

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