The total amount, in cash or otherwise, received by or accrued in favour of a person during such year or period of assessment from a source within or deemed to be within Namibia, excluding receipts or accruals of a capital nature. – as defined per Section 1 of Income Tax Act 24 of 1981.
A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT
Tax evasion refers to illegal activities that you deliberately undertake to free yourself from a tax burden. An easy example to illustrate tax evasion is, if you intentionally omit
Any natural person who provide advice to other person about the application of Tax law or completes or assist with the completion of a return for another person.A company carrying