VAT threshold increase to impact small business positively

NAMPA

2024-09-05

Members of the National Council, during the resumption of a special session on Tuesday, expressed grievances concerning the Income Tax Amendment Bill. (Photo: Contributed)

WINDHOEK, 05 SEP (NAMPA) – Member of the National Council, Leonard Shikulo during the resumption of a special session on Thursday here expressed his support for the increase of the Value-Added Tax (VAT) threshold.
The threshold is to increase from N.dollars 500 000 to N.dollars 1 million in the Value-Added Tax Bill, and the VAT threshold is the volume of annual turnover at which businesses are required to register for VAT.
The Bill provides for t...

Restricted content

Politics

Cry for new bill as Ombudsman seeks total autonomy

2026-08-07 13:59:59

Nandi-Ndaitwah orders SOEs to implement reforms, drive economic growth

2026-08-06 15:09:57

"Pick a side," Nudo tells SG Uapingene over genocide joint declaration

2026-08-05 16:53:03

Tsumkwe councillor eyes agriculture to reduce reliance on government

2026-08-05 15:38:37

National Council oversight vital for accountability, service delivery: Namiseb

2026-08-04 12:13:17

NUDO advocates for genocide justice, Ovaherero unity, and party renewal

2026-07-29 17:10:44

NUDO sets 2027 elective congress roadmap

2026-07-29 15:56:21

Kaapanda-Girnus appointed OPCW Deputy Director-General

2026-07-26 11:15:36

Namibia and Cuba commemorate Moncada Barracks Attack

2026-07-25 14:38:18

Cabinet approves Namibia-Congo ICT deal, seeks more Namibians at SADC Secretariat

2026-07-24 17:29:50

President pays tribute to Guy Scott, wishes Zambia peaceful elections

2026-07-23 08:35:30

Latest NAMPA photos

Walvis Bay, 07 August 2026 - Traffic on the Independence Road in along Kuisebmund in Walvis Bay. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 07 August 2026 - (l-f) Works and Transport Minister Veikko Nekundi, Erongo Governor Natalia /Goagoses, Erongo Regional Council Chairperson Lazarus Kanelombe, Walvis Bay Rural Constituency Councillor Ruben Shikongo and Walvis Bay Chief Executive Officer Victoria Kapenda among others photographed at the handover of the N$132 million project for the rehabilitation of six dilapidated roads covering approximately eight kilometres in Walvis Bay. (Photo by: Isabel Bento) NAMPA

NAMPA

WINDHOEK, 22 June 2026 - Plans for Namibia Air are advancing following a significant regulatory breakthrough on Thursday, as the Transport Commission granted Air Operating Licenses to the Ministry of Works and Transport. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 06 August 2026 - Namibia University of Science and Technology Council Chairperson Leake Hangala. (Photo: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 06 August 2026 - Finance Minister Ericah Shafudah. (Photo: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 06 August 2026 - Finance Minister Ericah Shafudah. (Photo: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 06 August 2026 – President Netumbo Nandi-Ndaitwah addresses an engagement with chief executive officers and chairpersons of Namibia's 78 State-owned enterprises, organised by the Public Enterprises CEOs' Forum. (Photo: Andreas Thomas) NAMPA

NAMPA

OPUWO, 06 August 2026 - Some of the 24 completed Mass Housing Development Programme houses handed over to beneficiaries in Opuwo, Kunene Region, on Thursday. (Photo: Kaviveterue Virere) NAMPA

NAMPA