New Tax Tables 2024 Namibia. How to calculate tax in namibia. All individual taxpayers will be exempted from paying tax on the first n$100,000 of their income as of 01 march 2024, as the threshold for income tax on individuals will.
The 2024/25 budget increases the threshold for the individual income tax from nad 50,000. Increase of the tax threshold for individuals from n$ 50 000.00 to n$ 100 00.00 per annum, effective 1 march 2024.