Namibia: Withholding Tax Explained

Citizens of all countries have an obligation, by regulation, to contribute to and invest in the development of their country by paying taxes.

Taxes are utilised for the development of infrastructure, the provision of health and social services, national defence, education and so forth. The most popular forms of taxes on individuals include income tax, collected monthly in the form of Pay-As-You-Earn (PAYE) and Value Added Tax (VAT) on goods and services purchased.

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