10 Oct - 11 Oct, 2019
SACU & TAXES| CROSS-BORDER VAT| WITHHOLDING TAXES ON NON-RESIDENTS| CUSTOMS MATTERS
10-11 October 2019 17-18 October 2019
Tati River Lodge Cresta Lodge
At one point or the other, corporates and individuals have to conduct cross-border transactions, whether it be obtaining services from non-residents, importing goods from outside Botswana or rendering services to non-residents. These transactions are fast becoming significant and an indispensable component of most businesses. Further, SACU Customs revenues constitute one of Botswana’s top revenue earners and their importance cannot be ignored.
BICA brings you a 2 day Tax Workshop on cross-border transactions which will focus on, among other topics, the following:
- Withholding taxes on management and consultancy fees, commercial royalties, interest & dividends payable to non-residents; Grossing-up and the effects of Double Tax Agreements on such taxes
- How your non-resident consultants can end up being liable to Botswana Taxes through creation of a permanent establishment if they render services for long periods and how that impacts your tax compliance
- Cross-border VAT: Why we pay VAT in countries like RSA; How one can make alternative freight arrangements and legally avoid paying such VAT; SARS VAT refund processes
- Indirect and direct exports of goods and how to avoid tax exposures regarding indirect exports
- Zero-rating of services and when you may still have to charge VAT to non-resident clients
- VAT on imported services: How it is determined and who pays that tax
- SACU: The Customs revenues and how SACU operates; Botswana’s economy and SACU revenue sharing; How SACU affects Customs but retains territorial VAT
- Customs: The basics; Customs tariff; VAT deferral account; Customs valuation of goods; Customs certificates of origin and how they can propel your goods into external markets; Customs crimes
Jonathan Hore has over 19 years practical experience in Tax and Customs matters acquired from working in Canada, Botswana and Zimbabwe. Of the 19 years, 9 were spent with one Big Four Audit firm and the rest as a Tax & Customs Specialist. Jonathan is the Managing Tax Consultant of Aupracon Tax Specialists, a local Tax specialist services provider. He holds various Tax-related qualifications including Advanced Tax & Customs Procedures (ZIMRA) as well as Advanced VAT (UNISA).
Jonathan has facilitated over 50 Tax seminars in Botswana over a period of 8 years and was a guest Tax presenter at the FNB Budget Review in 2018 and 2019. He writes weekly Tax articles for The Business Weekly & Review newspaper as well as for the Weekend Post newspaper. He also regularly critical tax analysis and commentaries to news articles at the request of over 5 local newspapers. He authored 9 books on Taxation, 7 on Botswana Tax including Tax for Financial Services Providers and 2 on Zimbabwe Tax.
To find out more and book your place contact;
Cover fees: P 2,900.00 (BICA Members) & P3, 180.00 (Non BICA Members) inclusive of VAT
10% discount to payments on or before the 04th October 2019.
Please note that payment should be made before the day of the seminar. Cancellations should
be made 2 working days before the seminar otherwise a member is subject to full payment.
If payment is made electronically, please forward proof of payment to BICA.