BDO Namibia

2012 Tax Updates 01/23/2012 - 13:09 The following changes were Gazetted on 30 December 2011 and are effective on the dates as mentioned below. THE INCOME TAX ACT OF 1981, AS AMENDED These changes are effective for tax years... Read more	Proposed ammendments to the various tax laws 09/19/2011 - 15:18 On 17 August 2011 a press release was issued to follow up the proposed changes to the various tax laws as announced on 21 July 2011. Except for the changes listed below, the proposed changes as... Read more
Proposed amendments to namibian income tax act 08/17/2011 - 19:02 The introduction of tax on the alienation of a right or license to explore, mine or retrieve natural resources in Namibia, irrespective of when the payment is made from or where the transaction is concluded... Read more	Amendments to tax laws and the introduction of an export levy 08/15/2011 - 13:27 Namibian Ministry of Finance instituted measures to further strengthen revenue collection from existing and to explore new sources of revenue. Read more
Amendmends to the social security act - Effective 1 august 2010 10/29/2010 - 13:09 In the Government Gazette No. 4530 of 30 July, the Minister of Labour and Social Welfare stated the following amendments to the regulations of the Social Security Act. Read more	Investment Property and CGT (South Africa) 10/29/2010 - 13:06 Consider structuring your property transactions three dimensionally. Since the introduction of capital gains tax, (CGT) the investment in and sale of investment properties and the taxation consequences... Read more
VAT Practice Note 1 - 2010 10/29/2010 - 12:46 Claim of input tax paid on goods imported Section 18(1)(a)(ii) of the Value Added Tax Act, 2000 (Act No. 10 of 2000), as amended, (“the VAT Act”) This practice notes... Read more	SARS - Don't fall victim to penalties 10/29/2010 - 12:36 Tax filing season is underway and deadlines for postal submissions have already expired, don’t miss the eFiling submission. There are penalties for failure to submit returns or changes in personal... Read more
Import VAT 10/29/2010 - 12:19 The Ministry of Finance, Inland Revenue Department has made an important policy change with regards to the claiming of Import VAT. Currently the taxpayer is claiming back the Import VAT on the VAT return in... Read more	Receiver of Revenue Good Standing Certificates 07/15/2010 - 22:16 The Ministry of Finance issued a press statement with regards to the issuing of certificates of good standing for tax purposes, last week. The Ministry of Finance wish to remind all tenderers that it is a... Read more

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THE INCOME TAX ACT OF 1981, AS AMENDED

Claim of input tax paid on goods imported

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