New Tax Brackets 2024 Namibia. The new tax brackets came into effect on 1 march, however, a law is yet to be gazetted. Finance and public enterprise minister, iipumbu shiimi, announced new personal income tax brackets in the 2024/25 national budget.
Click here to view the full statement. 1) increase the individual income tax exemption threshold to 100,000 namibian dollars (us$5,334) from 50,000 dollars.