Namibia signs MLI tax convention

The Central Bank decided to lower the repo rate to support Namibia’s economy and maintain the Namibian Dollar–South African Rand currency peg. The Monetary Policy Committee (MPC) of the Bank of Namibia held its fifth bi-monthly meeting on

Namibia’s Ministry of Finance unveiled the 2025-26 budget on 27 March 2025, outlining several tax proposals, including corporate tax reductions, VAT changes, and higher excise duties. Namibia’s national budget has risen to NAD 106.3 billion,

On 28 February 2024, Namibia presented the 2024-2025 budget, which includes several significant tax measures. These are as follows: The tax rate for non-mining companies will be lowered to 31%, effective 1 January 2024. The rate will be reduced

On 28 February 2024, Namibia delivered the 2024/25 Budget. The key tax provisions in the budget statement include: Individual income tax  The 2024/25 Budget increases the threshold for the individual income tax from NAD 50,000 to NAD 100,000,

On 17 March 2021, the Ministry of Finance has published the budget statement for 2021/22 providing the following tax reforms: There were no proposed increases or changes to the main tax brackets.Budgeted expenditure for the 2022 year will be

On 9 December 2020, Namibia deposited its ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).  The MLI will enter into force for Namibia on 1 April