Income Tax Brackets 2024 Namibia. Corporate income tax, vat, withholding tax on services, and tax on royalty showed strong collections. 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.

The latest namibian income tax rates for individuals and companies. Employers will have to refund employees for any over deduction of paye after the new tax rates are made a law.