New Tax Tables 2024 Namibia. The namibian individual income tax system follows a progressive structure, meaning tax rates increase as. Namibians paid n$100 000 and less per year would only enjoy the fruits of the tax exemption announced by minister of finance and public enterprises iipumbu shiimi last.
Increase of the tax threshold for individuals from n$ 50 000.00 to n$ 100 00.00 per annum, effective 1 march 2024. The tax threshold for income tax liability on all individual taxpayers will be increased from n$ 50 000.00 to n$ 100 00.00 per annum, effective 1 march 2024.