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...

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...

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...
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.

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.

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...

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...

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...

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...

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...