Frequently Asked Questions

What is Gross Income?

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.

Related FAQs

What is Value-Added Tax?

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


Who is classified as a taxpayer representative?

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