VAT amendments to benefit SMEs and boost efficiency
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Businesses with a turnover below N$1 million may no longer be required to register for VAT or file returns if amendments to the Value-Added Tax Act are approved.
Businesses with a turnover below N$1 million may no longer be required to register for VAT or file returns if amendments to the Value-Added Tax Act are approved.
The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has introduced significant amendments to the Income Tax Act of 1981 to stimulate household incomes, foster a thriving business environment, and enhance Namibia's attractiveness to investors.
The Cabinet has approved proposed amendments to the Electoral Act of 2014 to allow public servants to be eligible for political positions.
The Namibian government is yet to receive a response from Germany on the proposed amendment to the joint declaration on the 1904–1908 genocide.