New Tax Brackets 2024 Namibia Government

New Tax Brackets 2024 Namibia Government. The tax tables below include the tax rates, thresholds and allowances included in the namibia tax calculator 2024. The namibian building workers pension fund (nbwpf) is optimistic about the government’s move to increase income tax thresholds as announced in the 2024/25 budget speech delivered by finance and public enterprise minister, ipumbu shiimi, at the end of february 2024.

Other adjustments in the tax brackets are as follows: 1) increase the individual income tax exemption threshold to 100,000 namibian dollars (us$5,334) from 50,000 dollars (us$2,667), from march 1, and set brackets;