Burs Tax table

By | March 25, 2025

Burs Tax Table in Botswana

Introduction to Burs Tax Table in Botswana

The Botswana Unified Revenue Service (BURS) is responsible for collecting taxes in Botswana. The Burs Tax Table outlines the tax rates and brackets that individuals and businesses in Botswana must adhere to. Understanding the Burs Tax Table is crucial for complying with tax regulations in the country.

Key Components of the Burs Tax Table

Individual Income Tax

Individual income tax in Botswana is based on a progressive tax system, where tax rates increase as income levels rise. The tax brackets are updated annually, and individuals must refer to the Burs Tax Table to determine their tax liability.

Corporate Tax

Corporate tax rates in Botswana are also outlined in the Burs Tax Table. Companies operating in Botswana must pay corporate tax based on their annual profits. The tax rates vary depending on the type of business and its annual income.

Understanding the Burs Tax Table

It is essential for individuals and businesses in Botswana to understand the Burs Tax Table to ensure compliance with tax laws. The table provides a clear overview of tax rates and brackets, making it easier for taxpayers to calculate their tax liabilities accurately.

FAQs about Burs Tax Table

  • Q: How often is the Burs Tax Table updated?

    A: The Burs Tax Table is typically updated annually to reflect changes in tax rates and brackets.

  • Q: Where can I find the most recent Burs Tax Table?

    A: You can access the latest Burs Tax Table on the official BURS website.

  • Q: Are there any deductions or allowances in the Burs Tax Table?

    A: Yes, the Burs Tax Table includes deductions and allowances that can help reduce tax liabilities for individuals and businesses.

  • Q: How do I calculate my tax liability using the Burs Tax Table?

    A: You can use the tax rates and brackets provided in the Burs Tax Table to calculate your tax liability based on your income level.

  • Q: Is there a penalty for late payment of taxes in Botswana?

    A: Yes, there are penalties for late payment of taxes in Botswana. It is crucial to pay taxes on time to avoid penalties and interest charges.

  • Q: Can I get assistance with tax compliance from BURS?

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    A: Yes, BURS provides support and guidance to individuals and businesses to ensure compliance with tax regulations in Botswana.

  • Q: Are there any tax incentives available in Botswana?

    A: Yes, Botswana offers various tax incentives to encourage investment and economic growth in the country.

  • Q: How can I appeal a tax assessment in Botswana?

    A: If you disagree with a tax assessment, you can file an appeal with BURS and provide supporting documentation to contest the assessment.

  • Q: Does Botswana have a Value Added Tax (VAT) system?

    A: Yes, Botswana imposes a Value Added Tax (VAT) on goods and services provided in the country.

  • Q: Can I use tax software to calculate my taxes in Botswana?

    A: Yes, there are tax software tools available that can help individuals and businesses calculate their taxes accurately based on the Burs Tax Table.

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Conclusion

Understanding the Burs Tax Table is essential for individuals and businesses in Botswana to comply with tax regulations and avoid penalties. By referring to the Burs Tax Table regularly and seeking assistance from BURS when needed, taxpayers can ensure accurate tax calculations and timely payment of taxes.

 


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Complete Guide to NSFAS Online Loan Application for South African Students (2025)

If you are a South African student looking to pursue higher education but are facing financial difficulties, the National Student Financial Aid Scheme (NSFAS) is one of the most accessible funding options available. NSFAS provides financial aid in the form of bursaries and loans to qualifying students at public universities and TVET colleges in South Africa.

This guide will walk you through everything you need to know about the NSFAS loan application process, from eligibility requirements to application steps and frequently asked questions.


📌 What is NSFAS?

The National Student Financial Aid Scheme (NSFAS) is a government-funded financial aid scheme aimed at helping students from low- and middle-income households to access tertiary education without the burden of upfront fees.

NSFAS offers both bursaries and income-contingent loans:

  • Bursaries: For eligible students who meet academic and household income criteria (especially for TVET and university students).
  • Loans: For students who do not meet all bursary criteria or who are pursuing postgraduate qualifications not funded under bursary schemes.

✅ Who Qualifies for an NSFAS Loan?

To qualify for an NSFAS loan (especially for postgraduate students or programs not funded under the bursary system), you must:

  • Be a South African citizen.
  • Be financially needy, with a household income of less than R350,000 per year.
  • Have a valid South African ID.
  • Be enrolled or accepted to study at a public university or TVET college.
  • Not be funded through another bursary program that covers all expenses.
  • Maintain satisfactory academic progress (returning students).
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📚 Courses Funded by NSFAS

NSFAS primarily funds undergraduate qualifications, but certain postgraduate programs (e.g., PGCE, postgraduate diplomas in education, and professional courses like LLB) may be considered under the NSFAS loan scheme, not bursaries.

If you’re studying:

  • Undergraduate degree or diploma: You are likely eligible for a full NSFAS bursary.
  • Postgraduate study: You may qualify for a loan, depending on the course and funding availability.

📄 Required Documents for NSFAS Application

When applying, make sure you have the following documents scanned and ready:

  1. Certified copy of your South African ID or Smart Card.
  2. Parent(s) or guardian(s) ID documents.
  3. Proof of income (latest payslips, UIF, or affidavit if unemployed).
  4. Consent Form signed by your parent(s)/guardian(s) to allow NSFAS to verify income.
  5. Proof of registration or acceptance at a public institution.
  6. Academic transcripts (for continuing or postgraduate students).

🖥️ How to Apply for an NSFAS Loan Online

Step-by-Step NSFAS Online Application Process (2025)

  1. Visit the NSFAS Website

    Go to: https://www.nsfas.org.za

  2. Create an Account

    • Click on “MyNSFAS” and register your profile.
    • You’ll need a valid email address and South African cellphone number.
    • Choose a strong password and verify your account via email or SMS.
  3. Login and Start the Application

    • After registration, log in to your MyNSFAS account.
    • Click on “Apply” to begin a new application.
  4. Fill in Your Personal Details

    • Input your ID number, name, surname, and other details exactly as they appear on your ID.
    • Provide household income information and living arrangements.
  5. Upload Required Documents

    • Upload all supporting documents in PDF or JPEG format.
    • Each document must be clear and under the size limit specified.
  6. Submit Your Application

    • Review your application for accuracy.
    • Click “Submit” and wait for a confirmation message.
  7. Track Your Application

    • Log in regularly to check your application status.
    • You will be notified via SMS and email at each stage of the process.

🗓️ Important NSFAS Dates (2025)

  • Application Opening Date: September 1, 2025
  • Application Deadline: January 31, 2026
  • Appeals Period: February 2026 (if rejected)
  • Disbursement: After registration and approval

Note: Dates are subject to change; always confirm on the official NSFAS website.


💸 What Does the NSFAS Loan Cover?

NSFAS funding typically includes:

  • Tuition fees
  • Registration fees
  • Accommodation (if living away from home)
  • Meals and transport
  • Learning materials (e.g., textbooks)

For loans, repayment is only required once you start working and earn above a threshold (around R30,000 annually, but subject to change).


🔄 NSFAS Loan Repayment

Repayments are:

  • Income-contingent – you only repay when you can afford to.
  • Administered by DHET (Department of Higher Education and Training).
  • Interest-bearing, but interest rates are low and favorable.

You can also apply for a partial loan conversion to a bursary if you perform well academically.


🔁 How to Appeal a Rejected NSFAS Application

If your application is rejected, you may submit an appeal via your MyNSFAS portal:

  1. Log into your MyNSFAS account.
  2. Click on “Track Funding Progress”.
  3. If rejected, click on “Submit Appeal”.
  4. Upload any missing or corrected documents.
  5. Provide a clear explanation or motivation.

📱 NSFAS Contact Information


📝 Final Tips Before Applying

  • Apply early to avoid system overload near the deadline.
  • Use your own email and cellphone number (do not use someone else’s).
  • Double-check that all your documents are certified and legible.
  • Keep a copy of your submission confirmation for reference.

By following this guide, you can confidently apply for NSFAS funding and move one step closer to achieving your academic and career dreams—without the burden of immediate financial pressure.