Income Tax Brackets 2025 Namibia Income. Namibian Tax Brackets 2024 Elle Willetta Namibia's income tax brackets were adjusted retroactively to the start of its 2024-25 tax year March 1 in an act signed Sept Employees who changed jobs during the tax year and are no longer with their previous employers must claim any refunds when filing their 2025 income tax return by 30 June 2025
Namibian Tax Brackets & Tax Calculator from tax.kaizen.com.na
The Income Tax Amendment Act, 2024, increases the tax-free amount of annual income to N$100,000 (US$5,685.05), instead of N$50,000.The thresholds separating all other income tax brackets also increased by N$50,000 each, so that the highest 37% bracket starts at N. Taxable Income (N$) Rates of tax 0 - 100 000 Not taxable 100 001 - 150 000 18% for each N$ above.
Namibian Tax Brackets & Tax Calculator
Self-assessment return of income: Individual Salaried Taxable income is taxed at the individual tax rates as set out under the personal income tax rates section below Namibia's income tax brackets were adjusted retroactively to the start of its 2024-25 tax year March 1 in an act signed Sept
Tax Brackets 2024 2025 And 2025 Mag Marabel. A monthly newsletter published by PwC Namibia providing informed commentary on current developments in the local tax arena. Detailed description of taxes on individual income in the Republic of Namibia Worldwide Tax Summaries.
Tax Brackets 2024 2025 And 2025 Mag Marabel. The table below depicts the individual income tax rates for 2024/25 Where the taxable amount- Tax Rate Does not Exceed N$ 100 000 No tax payable Exceeds N$ 100 000 but does not exceeds N$ 150 000 18% of the amount by which the taxable amount exceeds N$ 100 000 Employees who changed jobs during the tax year and are no longer with their previous employers must claim any refunds when filing their 2025 income tax return by 30 June 2025