Namibia: Govt Considers VAT Cuts On Essential Goods to Aid Low-Income Households

The Ministry of Finance is considering zero rating value-added tax (VAT) on some essential goods to provide support to low-income families, and improve social grant targeting.

Finance executive director Michael Humavindu says reviewing VAT could provide a more sustainable way of helping vulnerable households.

“Maybe we need zero rating on some of the VAT goods that are used daily by poorer households instead of giving someone cash. So I think it’s for all of us as Namibians to think as to how do…