Namibia 2025/26 Budget Includes Further Tax Rate Cut for Non-Mining Companies and Other Tax Policy and Administration Reforms

Namibia's Minister of Finance and Public Enterprises, Ericah Shafudah, delivered the 2025/26 Budget on 27 March 2025. With respect to tax policy and administration reforms, the proposals in the budget statement include:

• Amending the schedule of zero-rated commercial properties to include state acquired commercial properties;
• Finalizing VAT legislation for the levy of VAT on imported digital services;
• Reducing the non-mining company tax rate to 28% during FY2026/27 (reduction to 30% from 1 Ja…