“I would like to share my cautious optimism over the near-term future of our country. . . . by our estimates, we are seeing some light at the end of the tunnel, although we are not yet out of the woods!” Minister of Finance, Ipumbu Shiimi 24 February 2022
For the ninth year in a row personal income tax rates have not been changed. These brackets are now clearly out of line with inflation and someone earning as little as N$ 4 167 per month is subject to tax.
No further announcements were made regarding increases and/or changes in environmental levies, plastic levies and fuel levies.