Namibia | Budget Statement for the 2025/26 Financial Year
The Namibian Minister of Finance, Ericah B. Shafudah, MP, delivered the 2025/26 Budget Statement on 27th March 2025.
As part of the announcement, the following proposal affecting payroll was introduced:
- A cap of N$400,000 per annum on housing benefits to enhance fairness in the taxation of housing fringe benefits across income brackets, considering the progressive differences between employer groups in the private and public sectors.
At present, these proposed amendments and their effective date have not been officially promulgated. We will notify you as soon as they are enacted.
To view the full 2025/26 Budget Statement, please .
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