Tax Table Namibia 2024. Quick calculator for your taxes. The namibia tax calculator includes tax.
The salary tax calculator for namibia income tax calculations. All individual taxpayers will be exempted from paying tax on the first n$100,000 of their income as of 01 march 2024, as the threshold for income tax.
Employers To Back Pay Workers.
During the 2023/2024 annual budget speech, the minister of finance communicated that there will be tax relief for individuals in the 50,000 to 100,000.
Namibians Paid N$100 000 And Less Per Year Would Only Enjoy The Fruits Of The Tax Exemption Announced By Minister Of Finance.
Namibian individual income tax brackets 2024 and rates.
18% For Each N$ Above 50 000
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N$ 429 000 + 37% For Each N$ Above N$ 1 500 000.
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Tax Thresholds Have Remained The Same At N$50 000 Per Annum For All Individuals.
An increase in the individual income tax threshold from nad 50,000 to nad 100,000 from 1 march 2024, along with adjustments in the tax brackets as follows: