Namibia: Govt Shoots Down Tax Breaks Idea

15 September 2020

A TORRID time lies ahead for severely affected small to medium enterprises and poorly paid employees hard-hit by economic headwinds from the Covid-19 pandemic after the government shot down thoughts of tax breaks or tax holidays.

Minister of finance Ipumbu Shiimi reiterated this on Friday, while responding to questions from the media at the 17th Covid-19 briefing, adding that he is convinced enough remedies have been made to assist struggling workers and small businesses.

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