Namibia Tax Tables 2023 - Tax Rates and Thresholds in Namibia
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This page contains the tax table information used for the calculation of tax and payroll deductions in Namibia in 2023. These tax tables are used for the tax and payroll calculators published on iCalculator™ NA, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Namibia or would like to add to or suggest amendments to the information herein then please contact us.
2023 Tax Tables [Quick Links]
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Namibia Personal Income Tax Tables in 2023
The Income tax rates and personal allowances in Namibia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Namibia Tax Calculator 2023.
Namibia Residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)Tax Rate | Taxable Income Threshold |
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0% | Income from N$ 0.000.00 | to | N$ 50,000.00 |
18% | Income from N$ 50,000.01 | to | N$ 100,000.00 |
25% | Income from N$ 100,000.01 | to | N$ 300,000.00 |
28% | Income from N$ 300,000.01 | to | N$ 500,000.00 |
30% | Income from N$ 500,000.01 | to | N$ 800,000.00 |
32% | Income from N$ 800,000.01 | to | N$ 1,500,000.00 |
37% | Income from N$ 1,500,000.01 | | and above |
Namibia Non-residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)Tax Rate | Taxable Income Threshold |
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0% | Income from N$ 0.000.00 | to | N$ 50,000.00 |
18% | Income from N$ 50,000.01 | to | N$ 100,000.00 |
25% | Income from N$ 100,000.01 | to | N$ 300,000.00 |
28% | Income from N$ 300,000.01 | to | N$ 500,000.00 |
30% | Income from N$ 500,000.01 | to | N$ 800,000.00 |
32% | Income from N$ 800,000.01 | to | N$ 1,500,000.00 |
37% | Income from N$ 1,500,000.01 | | and above |
In Namibia, social security deductions made by employees for contributions to the Social Security Commission funds, such as for maternity, sick leave, and death benefits, as well as for pension or provident fund contributions, are typically deductible from taxable income. This means that these contributions can be subtracted from the gross income of employees before calculating the income tax owed, thereby potentially reducing the amount of taxable income and the overall tax liability. This system encourages participation in social security schemes by providing a tax benefit for contributions made towards ensuring financial security in cases of illness, injury, retirement, and other life events.
Namibia Social Security and Payroll Deduction Rates in 2023
In Namibia, social security and payroll deductions constitute an essential part of the employment relationship, ensuring that both employees and employers contribute towards the national social welfare systems. These deductions are aimed at providing financial assistance and support to individuals in various situations, such as retirement, illness, and workplace injuries. Understanding these contributions is vital for both employers and employees as they navigate the complexities of the Namibian labor market.
Namibia Social Security in 2023: Rates for Employers and EmployeesCategory | Employee | Employer | Total |
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Maternity Leave, Sick Leave, and Death Benefit Fund | 0.9% | 0.9% | 1.8% |
Vocational Education and Training levy | 0% | 1% | 1% |
Industrial Injury, Disability, and Death | 0% | 4% | 4% |
Namibia Social Security and Payroll Deduction in 2023: Earnings Thresholds for Employers and EmployeesCategory | Employee | Employer |
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Min. | Max. | Min. | Max. |
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Maternity Leave, Sick Leave, and Death Benefit Fund | n/a | N$ 108,000.00 | n/a | N$ 108,000.00 |
Vocational Education and Training levy | n/a | n/a | n/a | n/a |
Industrial Injury, Disability, and Death | n/a | n/a | n/a | n/a |
Namibia VAT Rates in 2023
VAT rates for Namibia are reviewed annually, you can use the VAT Calculator to calculate VAT due in Namibia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Namibia VAT RatesVAT Rate | VAT Description |
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15% | Standard Rate |
Historic Tax Tables supported for Namibia
The following tax tables are supported by iCalculator™ NA as part of the suite of free tax tools we provide for Namibia.