WitrynaHistorical Income Tax Rates - Namibia Individual Income Tax Taxable income (N$) Rate of tax for years of assessment ending 2008 and 2009. 0 - 36 000 Not taxable. 36 001 - 40 000 17.5% for each N$ above 36 000. ... Historical Income Tax Rate card for Namibia dating back to 2008.. WitrynaForeign companies/Individuals not ordinarily resident in Namibia Individual income tax 0% - 37%* Corporate income tax – Standard rate 32% – Registered manufacturing …

Zambia - Individual - Taxes on personal income - PwC

WitrynaNamibian registered Banks and Unit Trust Management Companies must withhold a final tax on interest of 10% as from 1 March 2009. From 30 December 2015 all foreign … WitrynaSchedule 20: Namibian income not subject to taxation Schedule 20 is required in the event that you received Namibian income not subject to taxation. Dividends on Spec … fashion leader jewelry wholesale

Deloitte commentary on Namibian Budget 2024/2024

WitrynaTax Act to normal corporate tax requirements. Taxing of all income earned from foreign sources. Namibian residents will have to declare such income in their annual tax returns. Increase the deductibility of retirement fund contributions from the current N$40 000 per annum to 27.5% of income with a maximum of N$150 000. Witryna14 lip 2024 · A non-resident is taxable on earned income in accordance with the PIT rates, but pays withholding tax (WHT) only at the rate of 15% for interest, commercial royalties, and management and consultancy fees, 10% for dividends, and 10% for entertainment fees, where such income is of Botswana origin. Personal income tax … Witrynato power supply from 1 March 2007 for individual taxpayers and from 1 January 2007 for taxpayers other than individuals. Any excess farming capital expenditure can be carried forward to the next year of assessment. Taxation of Trusts . A trust is taxed as a person (see tax rate table for individuals). Income earned by a vesting trust and fashionleap