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IFRS 16 - Prepare for lease accounting changes
The new IFRS 16: Leases standard has been issued by the IASB. The core principle of the new standard is that lessees should recognise all leases on their balance sheet.
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Risk management - Integration of data analytics into internal audit
Risk management - Integration of data analytics into internal audit
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VAT Amendment Act 2023
VAT Amendment Act 2023
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No deadline yet for ‘Compulsory Company Constitutions’
No deadline yet for ‘Compulsory Company Constitutions’
No deadline yet for ‘Compulsory Company Constitutions’
BURS has implemented Custom Management System (CMS) replacing the old ASYCUDA ++ (Automated System for Custom Data) with effect 01 January 2017. The new CMS serves to enhance Customs related transactions at Botswana borders. Following the implementation of CMS, all tax payers having import /export transactions are required to register for e-Customs using e-Services with BURS. Presently, CMS is initiated at certain borders and will be applied to all entry points beginning 1st of Feb 2017. All borders will be CMS compliant by 31st March 2017.
View our alert for more information, to be read in conjunction with the “BURS Press release - Introduction of a new customs management system” and “Form - application for e-services”.