Africa Links 24 with Tannan Groenewald
Published on 2025-04-06 06:00:00
Last year saw a significant uptick in private consumption expenditure, particularly in the final stretch of 2024, as personal income tax amendments and subsequent over-deductions allocated to taxpayers boosted disposable income.
The over-deduction allocation led to many taxpayers in the previous financial year receiving lump sums worth several thousands, while all current taxpayers in the new financial year gained an additional N$750 to N$1 542 in monthly disposable income.
Real…
Read the Full article on The Namibian
