NAMIBIA 2024/25 PERSONAL INCOME TAX

Question

Please could you assist, with Namibian income tax for individuals? The Tax Brackets have changed. 
 How do I insert that in my payroll? 
 Taxable income is now only from N$100 001 and above. 
 We are busy running payroll for March. What will the implication be if this is not updated now? 
 
 Would appreciated your prompt response, thank you

Siphiwe · Answer

Good day Liza 
 Thank you for your post 
 Kindly note that the tax changes were still proposed by Minister of Finance and Public Enterprises of Namibia delivered the 2024/25 budget speech on 28 February 2024. The following change(s) have been proposed during the budget speech, effective 1 March 2024. 
 The proposed change have not yet been promulgated . The tax table on our download manager are the same is the previous year until the proposed changed are gazette. 
 The below step by step guide is for the old .msi file to be uninstalled and the new legislative update to be installed. 
 Resolution 
 
 CAUTION: Please remember to close all Sage programs before completing the steps below. 
 Uninstalling your Country file: 
 
 Navigate to your computers Control Panel . 
 Select Programs and Features . 
 Search for Pastel Payroll &ndash; Namibia . 
 Right click on Pastel Payroll &ndash; Namibia and select Uninstall . 
 
 Windows will remove the installation and will give you a message once it has been removed. 
 Downloading and installing the country file: 
 
 Go to the the Download Manager (download manager is always available in Pastel Payroll under Utilities, Weblinks, Download Latest Software version). 
 Click on the Countries tab,and select Download on the Namibia option: 
 The file will download, or the system will ask you to specify a directory on where to save it too. The download usually downloads to the Downloads folder . 
 Double click on the Pastel Payroll - Namibia file to start the installation. 
 Follow the prompts on the installation wizard to install the file. When the installation wizard is finished, please click on finish. 
 
 NOTE: In order to incorporate the changes in this Msi file, you will need to run a legislative release.

Shazi · Answer

Hello Liza C 
 Siphiwe has provided you with an answer, and we&rsquo;d love to hear from you if the response was helpful. 
 If it was, please click on Verify answer. 
 Sharon

Sage Pastel Payroll

NAMIBIA 2024/25 PERSONAL INCOME TAX

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