Income Tax Brackets Namibia 2025
Income Tax Brackets Namibia 2025. The 2024/25 budget increases the threshold for the individual income tax from nad 50,000 to nad 100,000, effective 1 march 2024. As promised in previous budget.
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 on individuals will. Finance and public enterprise minister, iipumbu shiimi, announced new personal income tax brackets in the 2024/25 national budget.
