Tax Brackets For 2024 Namibia. The 2024/25 budget increases the threshold for the individual income tax from nad 50,000 to nad 100,000, effective 1 march 2024. The calculator is updated with the latest tax rates and brackets as per the 2024 tax year in namibia.

John earns a basic salary of n$30,000 per month. All individual taxpayers will be exempted from paying tax on the first n$100,000 of their income as of 01 march 2024, as the threshold for income tax on.