- Namibia will reduce the interest rate on outstanding VAT debts from 10.75% to 10% per annum.
- The new 10% rate takes effect from 1 May 2026.
- The 10.75% rate was effective from 1 February 2025.
- This change was announced in Government Notice 107 of 2026, issued on 13 March 2026.
Source: ensafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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