Tax Brackets For 2024 Namibia. The 2024/25 budget increases the threshold for the individual income tax from nad 50,000 to nad 100,000, effective 1 march 2024. The main tax measures announced in the budget.

The thresholds separating all other income. The bank of namibia (bon) says the economy is projected to grow by 3.5% in 2024, a decrease from last year’s growth rate of 4.2%.