Amended Income Tax Act, 2022 commenced
As at 01 January 2023
The amendments amongst others increased the threshold for the tax deductible amount in respect of contributions to a retirement fund and education policy from N$40 000 to N$150 000.
The Income Tax Amendment Act, 2022 came into force on 01 January 2023, the ministry of finance and public enterprises has announced.The amendments to the Act amongst others include
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