Tax Tables

Taxable IncomeN$ Rates of tax from years of assessment
ending 2023/24 (N$)
0 - 100 000Not taxable
100 001 - 150 00018% for each N$ above 100 000
150 001 - 350 0009 000 + 25% for each N$ above 150 000
350 001 - 550 00059 000 + 28% for each N$ above 350 000
550 001 - 850 000115 000 + 30% for each N$ above 550 000
850 001 - 1 550 000205 000 + 32% for each N$ above 850 000
Above 1 550 000429 000 + 37% for each N$ above 1 550 000