by crvanwyk | Aug 24, 2020 | Tax
INSIGHTS – NEWS Repo rate reduced to 3.75 percent On the 18th of August 2020, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to reduce the Repo rate by 25 basis points, from 4 percent to 3.75 percent, a new...
by crvanwyk | Jun 17, 2020 | Tax
INSIGHTS – NEWS Public Notice to Taxpayers Namibia’s Ministry of Finance released an official statement confirming the deadline to submit Individual Income Tax Returns was extended from 30 June 2020 to 30 September 2020. Home » Tax » Page 2 Public Notice to...
by crvanwyk | Apr 3, 2020 | Tax
INSIGHTS – NEWS Ministry of Finance Media Release – COVID-19 Tax Measures On 31 March, the Chief Public Relations Officer of the Ministry of Finance, Mr. Tonateni Shidhudhu, issued the Ministry’s first official correspondence related to the COVID-19...
by crvanwyk | Mar 11, 2020 | Tax
INSIGHTS – NEWS Analysis of the latest version of the National Equitable Economic Empowerment Bill (NEEEB) The overall response to the latest version of the National Equitable Economic Empowerment Bill (NEEEB) remain adverse and, since its release, Namibia’s...
by crvanwyk | Feb 28, 2020 | Tax
INSIGHTS – NEWS Repeal of Tax Incentives On 19 February 2020, the Minister of Finance, Honourable Calle Schlettwein, tabled the first income tax amendment bill of 2020. The bill repeals the tax incentives applicable to registered manufacturers and export...
by crvanwyk | Feb 19, 2020 | Tax
INSIGHTS – NEWS Repo rate reduced to 6.25 percent On 19 February, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.25 percent. The decision was made to support...
