Namibia Asset Lifestyle Planning in Namibia: Scrapping Allowances and Recoupments Demystified

Help business accountants in Namibia avoid common tax pitfalls linked to lifestyle assets, scrapping allowances, and recoupments — and show how to turn asset planning into a smarter, billable client service.

3 CPD units July 18, 2025

What will set you apart

By completing this course you will gain the following competencies

  • By attending this webinar you will gain the following competencies:
  • ✅ How to correctly apply capital allowances and scrapping deductions on lifestyle assets (like cars, boats, or aircraft)
  • ✅ What triggers recoupment and how to avoid nasty SARS surprises
  • ✅ Practical tools to advise clients on asset-use, trade tests, and ring-fencing rules
  • ✅ How to position yourself as an asset strategy advisor – and charge for it

Event breakdown

  • Introduction: What are lifestyle assets and why they matter for tax
  • Capital allowances on movable and immovable property
  • Scrapping allowances explained (and the traps to avoid)
  • Recoupments: how to calculate and when they apply
  • Ring-fencing rules for individuals earning over N$200,000
  • Case studies from Namibian scenarios – what to do (and not to do)
Category: TaxationType: CPD CourseCPD category: Taxation

Description

Lifestyle assets can create lifestyle problems—especially at tax time. If your clients own flashy vehicles, holiday homes, or business-use “toys,” they could be heading for a tax recoupment shock. This webinar breaks down Namibia’s rules on capital allowances, scrapping deductions, and recoupments in plain terms, with real examples you can use. We’ll also show you how to help clients structure asset ownership to stay compliant and reduce risk. Whether you're drafting AFS or advising on asset purchases, this session gives you the tools to protect your clients—and your reputation.

You will earn a certificate

On successful completion you will receive a certificate for 3 CPD units in Taxation.

Requirements

  • Laptop, desktop, or mobile device with internet access
  • Microsoft Edge, Google Chrome, Safari, or Firefox browser