Income Tax for Beginners (Namibia)
To equip Business Accountants in Practice with a practical understanding of Namibia’s income tax system—covering gross income, deductions, capital vs revenue, and common compliance pitfalls—so they can confidently manage tax obligations, serve clients better, and avoid costly errors.
3 CPD units November 10, 2025
What will set you apart
By completing this course you will gain the following competencies
- What Will Set You Apart (Key Take-Aways)
- ✅ Understand the Namibian source-based tax system and how to determine taxable income
- ✅ Master the general deduction formula and key case law shaping tax compliance
- ✅ Identify and correctly classify capital vs revenue transactions
- ✅ Learn how to handle assessed losses, recoupments, and withholding tax
- ✅ Gain clarity on audit practices and deadlines that impact your
Event breakdown
- Overview of the Namibian tax framework – Source vs deemed source
- Gross income and exemptions – What’s in and what’s out
- General deduction formula – Practical examples and case law
- Capital vs revenue – Understanding the distinction through real-world cases
- Capital allowances and recoupments – How to calculate and report correctly
- Withholding taxes, assessed losses, and interest limitations
- Cross-border considerations and double-taxation agreements
- Common audit pitfalls and practical compliance tips
Category: TaxationType: CPD CourseCPD category: Taxation
Description
If you’re still guessing what qualifies as “gross income” or when SARS—or in this case, the Namibia Revenue Agency—might come knocking, this session is for you. This session is an introduction to Namibia’s income tax principles. Learn how to interpret and apply the general deduction formula, distinguish between capital and revenue items, and stay compliant under the latest Namibian tax framework. Perfect for accountants who want to deliver value-adding, compliant tax advice to clients operating in Namibia.
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