The Lesotho government has published the Budget Speech 2020-21, which was delivered in parliament on 26 February 2020. Tax-related proposals presented in the speech include:

• an LSL 15 increase on the oil levy;
• a 3% and 1% adjustment on VAT on telecommunications and electricity, respectively; and
• an increase in the lower tax bracket from LSL 5,090 per month to 5,350 per month (annual bracket i…