Namibia Publishes VAT Amendments on VAT registration, deduction of VAT, etc

Namibia published the Value-Added Tax Amendment Act, 2022 (Act No. 14 of 2022) on 29 December 2022. The main measures include the following:

• The rules regarding VAT registration are amended with an additional provision to enable a person carrying on a taxable activity but not yet making taxable supplies to be registered for VAT
• The rules regarding the calculation of VAT payable are amended in relation to the allowed deduction of input tax with the added conditions that:
  • …..

Source Orbitax