Schedule 16: Summary of losses / taxable income

Schedule 16 aims to facilitate the tax payer in calculating their total taxable income.

This schedule aims to summaries the information captured from the following schedules:

• Employment
• Interest from Namibian Source other than a Namibian Banking Institute or a Unit Trust Scheme
• Interest and deemed interest from foreign sources
• Namibian Building Society Dividends
• Rental
• Minor Children or stepchildren
• Pension / provident fund payments and annuities
• Endowment policies, purchased annuities and retirement annuties