Botswana Home Africa Botswana Tax Pages Rental Income Tax Botswana More BW × Botswana Financial Overview Overview Market in Depth Rental Yields Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Key Contacts Accountants Lawyers Real Estate Agents Income tax on rent, worked example, in Botswana November 11, 2015 Non-resident couple´s rental income1 Monthly Rental Income2 €1,500 €6,000 €12,000 Annual Rental Income 18,000 72,000 144,000 Less Exbenses3 25% 4,500 18,000 36,00 = Taxable Income 13,500 54,000 108,000 Income Tax4 Up to BWP72,000 5.00% 327 327 327 BWP72,000 - BWP108,000 12.50% 51 409 409 BWP108,000 - BWP144,000 18.75% - 614 614 Over BWP144,000 25.00% - 3,477 10,227 Annual Income Tax Due 757 9,655 23,155 Tax Due as % of Gross Income 4.20% 13.41% 16.08% Thanks to: 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. Notes 1 The property is jointly owned by husband and wife. 2 Exchange rate used: 1.00 US$ = 11.00 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. INCOME TAX TAXABLE INCOME (US$) TAX RATE Up to72,000(US$6,545) 5.00% 72,000 -108,000(US$9,818) 12.50% 108,000 -144,000(US$ 13,091) 18.75% Over 144,000(US$ 13,091) 25.00% Comments Be the first to comment on this article! Login or Register to submit a comment! In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.