The proposed raise to the N$100,000 threshold for income tax exemption has divided MPs in the National Council.
This change would mean individuals earning below this amount would not have to pay income tax.
The National Council is trying to weigh the immediate benefits against the potential long-term economic impact.
Supporters, such as Swapo MP Elder Filipe, argue that the adjustment will offer immediate relief to many.
"While these measures will undoubtedly provide immediate relief, we must not forget the broader context of the economic challenges we face. As we celebrate these tax adjustments, I cannot help but call for the Ministry of Finance to consider a more comprehensive approach to supporting our citizens, particularly those who find themselves in areas due to circumstances beyond their control. I urge this assembly to consider writing off deferring tax arrears for struggling businessmen and women."
However, not everyone is on board.
LPM's Willem Labuschagne raised concerns that the exemption could negatively affect the country's GDP and might even encourage foreign tax avoidance.
"This exemption could discourage investors and place a heavier burden on those who still have to pay taxes."
On the flip side, Swapo Party MP Johannes Karondo suggested that the current tax assessment process could be unfair.
He proposed that the Ministry of Finance should separate assessments for different sources of income.
"The Ministry of Finance should consider trying to separate to keep this type of assessment separate. Once I am assessed for my investment, whatever income I get from my employment that should also be financed shouldn't be attached, as otherwise taxpayers will likely be punished to pay more."
Alfeus Abraham appealed for the decentralisation of NAMRA's business training centres.
"NAMRA has a dedicated centre such as where community businesses are trained, which is only located here in Windhoek and not countrywide. It is why I appeal to NAMRA to decentralise such a dedicated centre to all regions to ensure that businesses, especially the small ones, acquire more knowledge on how to file their documents so that at the end of the day when calculating income tax, it's easier."