Information about Namibia Minimum wage and taxes.

Let me share information about minimum wage and taxes in Namibia. Minimum wage in Namibia varies depending on the sector. As of 2021, minimum wages in Namibia have been determined on an hourly basis. For example, the minimum wage for a worker in the construction industry is set at 18.68 Namibian Dollars (NAD) per hour. Minimum wage amounts in other sectors vary similarly. The tax system in Namibia is an income-based system. Income tax rates vary depending on income level. As of 2021, income tax rates in Namibia are determined as follows: - 0%: Incomes between 0-50,000 NAD - 18%: Income between 50,001-100,000 NAD - 25%: Income between 100,001-300,000 NAD - 32%: Income of 300,001 NAD and above Additionally, consumption tax is also imposed in Namibia. The consumption tax rate is generally 15%. This tax applies to many goods and services. The above information serves as general information. Tax rates and minimum wages may change over time, so it's important to verify current information from official sources.

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