The Namibian government wants to implement new measures to provide relief to taxpayers through the introduction of an Income Tax Amendment Bill, tabled in the National Assembly this week.

Motivating the bill, Deputy Finance Minister Maureen Hinda-Mbuende proposed a rise in the threshold for the pension fund deductible amount, from N$40 thousand to N$150 thousand.

It also suggests a rise in the taxable amount for educational expenditures to encourage taxpayers to save more for their children.