The Minister of Finance of Namibia presented its Budget for 2013-14 to the National Assembly on 26 February 2013. Details of the Budget, which unless otherwise indicated will apply from 1 March 2013.
In the Budget 2013-14 it has been proposed for non-mining companies to reduce the tax rate from 34% to 33% and also to further reduce the rate to 32% in 2014/15. A proposal is also given in the following budget to revise the personal income tax rates.