In 2026, Namibia had a million registered tax payers. International taxation contributed N$30 billion, the largest part of the budget of the Government of Namibia.
Income Tax Personal income tax is applicable to total taxable income of an individual, and all individuals are taxed at progressive marginal rates over a series of income brackets. The tax year runs from 1 March to 28 February. Tax rates since the 2024/2025 fiscal year are: Taxable amount Rates of tax Not more than N$100,000 0% between N$100,001 and N$150,000 18% of the amount by which the taxable amount exceeds N$100,000 between N$150,001 and N$350,000 N$9,000 + 25% of the amount by which the taxable amount exceeds N$100,000 between N$350,001 and N$550,000 N$59,000 + 28% of the amount by which the taxable amount exceeds N$350,000 between N$550,001 and N$850,000 N$115,000 + 30% of the amount by which the taxable amount exceeds N$350,000 between N$850,001 and N$1,550,000 N$205,000 + 32% of the amount by which the taxable amount exceeds N$100,000 N$1,550,001 or more N$429,000 + 37% of the amount by which the taxable amount exceeds N$1,550,000
Only a small fraction of the Namibian population pays income tax. In the 2023 national census, 547,000 individuals responded that they are employed, and most earned far less than the tax-free threshold. A local analysis from 2025 estimated that no more than 115,000 individuals, or 3.8% of the population, reach an income of more than N$100,000. In 2025, income tax contributed N$20 billion to the government budget.
Value Added Tax A 15% Value added tax (VAT) is applicable to almost every commodity. Basic commodities like sugar, bread etc. are exempted from VAT.PWC Namibia 2013 Tax Reference and Rate Card In 2025, VAT contributed N$20 billion to the government budget.
See also Cost of Living in Namibia Economy of Namibia
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