New Tax Brackets 2024 Namibia Government. The threshold for income tax on individuals is increased from n$50,000 to n$100,000. 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.

1) increase the individual income tax exemption threshold to 100,000 namibian dollars (us$5,334) from 50,000 dollars (us$2,667), from. Other adjustments in the tax brackets are as follows: