Income Tax Brackets 2024 Namibia Income. As promised in previous budget. Finance and public enterprise minister, iipumbu shiimi, announced new personal income tax brackets in the 2024/25 national budget.

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 individuals will. 30,000 x 12 = n$360,000.