On 18 January 2023, the Botswana Ministry of Finance (MOF) issued a public notice that the temporary reduced standard VAT rate of 12% will expire on 31 March 2023. The MOF confirmed in the 2023 Budget Speech on 6 February 2023 that the VAT rate will increase back to 14% on 1 April 2023.
The Budget Speech can be found here.
