insert_link 2 4 Business / Economics Finance Minister tables Income Tax Amendment Bill The Minister of Finance and Public Enterprises, Iipumbu Shiimi has introduced the Income Tax Amendment Act of 2024 in the National Assembly. The Act provides tax relief to individuals and non-mining companies by amending Schedule 4 of the Income Tax Act of 1981, which addresses tax rates. Shiimi had announced in the February 2024 national budget that all taxpayers would receive relief by adjusting the tax tables by N$50,000, exempting […] todayAugust 7, 2024 290 4 2
insert_link Namibia Labor Expert Highlights Corporate Benefits from Upcoming Tax Relief Labor Expert, Herbert Jauch discussed the corporate benefits following Finance and Public Enterprises Minister Iipumbu Shiimi's announcement that taxpayers will benefit from tax relief once the tax law is amended. todayMay 28, 2024 93
insert_link Namibia Tax Relief Fra Ahead: Namibia’s Minister Shiimi Promises Benefits for Taxpayers Finance Minister, Iipumbu Shiimi has announced forthcoming tax relief measures, including raising the tax threshold to N$100,000, which will exempt individuals earning up to this amount from income tax. The amendment, part of the national budget for 2024/25, is currently undergoing legal review and is expected to be finalized by October. Shiimi highlighted the importance of providing relief to households amidst economic challenges like high interest rates and inflation, reassuring […] todayMay 21, 2024 151
