Please could you assist, with Namibian income tax for individuals? The Tax Brackets have changed.
How do I insert that in my payroll?
Taxable income is now only from N$100 001 and above.
We are busy running payroll for March. What will the implication be if this is not updated now?
Would appreciated your prompt response, thank you
Good day Liza
Thank you for your post
Kindly note that the tax changes were still proposed by Minister of Finance and Public Enterprises of Namibia delivered the 2024/25 budget speech on 28 February 2024. The following change(s) have been proposed during the budget speech, effective 1 March 2024.
The proposed change have not yet been promulgated . The tax table on our download manager are the same is the previous year until the proposed changed are gazette.
The below step by step guide is for the old .msi file to be uninstalled and the new legislative update to be installed.
CAUTION: Please remember to close all Sage programs before completing the steps below.
Uninstalling your Country file:
Windows will remove the installation and will give you a message once it has been removed.
Downloading and installing the country file:
NOTE: In order to incorporate the changes in this Msi file, you will need to run a legislative release.
