Means any amount of income which is paid or is payable to any person by way of any salary, leave pay, allowance, wage, overtime pay, bonus, gratuity, commission, fee, emolument, pension, superannuation allowance, retiring allowance or stipend, whether in cash or otherwise and whether or not in respect of services rendered, including –

• annuities,
• any amount, including any voluntary award received for services rendered or to be rendered,
• any amount received in respect of relinquishment, termination, loss, repudiation, cancellation or variation of any office of employment (excluding any lump sum award from any pension fund, retirement annuity fund or benefit fund),
• lump sum from a pension fund, pension preservation fund (excluding a lump sum payable on termination or relinquishment of office/employment of an employee due to death, superannuation, ill-health or retirement),
• any amount received or accrued under the rules of a provident fund upon the death, relinquishment of office/employment due to superannuation, ill-health or other infirmity,
• any amount received or accrued under the rules of a provident fund upon the termination of such member’s employment or membership of the provident fund due to dismissal or resignation, or any other reason,
• any amount received or accrued under the rules of a provident fund upon the cessation of the provident fund, and
• the value of any fringe benefit. 

The following items are specifically excluded from the definition of remuneration:

• amounts paid in respect of services rendered by a person ordinarily resident in Namibia in the course of any trade carried on independently (independent contractor),
• any pension or allowance under the Social Pensions Act, or any grant or contribution under the provisions of the Children’s Act, any amount paid to an employee wholly in reimbursement of expenditure actually incurred by such employee in the course of their employment, and
• any annuity under an order of divorce or a judicial order or written agreement of separation. 

(paragraph 1, Schedule 2)