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Sri Lanka vs Namibia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka
vs
๐Ÿ‡ณ๐Ÿ‡ฆ Namibia
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
6โ€“36%
Post-IMF program stabilization; rates held
No change
0โ€“37%
37% top; oil revenues expected from 2026+
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
18% stable; debt servicing requires revenue
No change
15%
15% stable
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30% maintained
No change
32%
32%; petroleum fiscal regime evolving for new fields
No change
Capital Gains Tax
Capital Gains Tax
10%
10% CGT maintained
No change
0%
CGT reform discussions ongoing
No change
Social Security & Payroll
Social Security / Payroll
~12%
EPF reform; adequacy improving
No change
~9%
SSC; pension fund development
No change
State, Regional & Local Taxes

๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka โ€” Provincial & Local Authority Taxes

Sri Lanka's 9 provincial councils have some tax powers including turnover tax, certain business taxes, and stamp duties within their provinces. Local authorities (municipal councils, urban councils, pradeshiya sabhas) levy property tax (Assessment rate) at 25% of annual value and various service fees. The Inland Revenue Department (IRD) administers national taxes. Sri Lanka went through a severe debt crisis in 2022โ€“23; significant IMF-backed tax reforms dramatically raised income tax rates and broadened the tax base.

๐Ÿ‡ณ๐Ÿ‡ฆ Namibia โ€” Regional Councils & Local Authorities

Namibia's 14 regional councils and local authority councils levy property rates, business licences, and local fees. The Namibia Revenue Agency (NamRA) administers national taxes. Namibia is a significant mining economy โ€” diamonds (Namdeb/De Beers), uranium (one of world's largest producers), copper. A major TotalEnergies Orange Basin offshore oil discovery is advancing toward production. Non-resident shareholders' tax (NRST) at 10%โ€“20% applies on dividends. Namibia has one of Africa's more functional tax administrations.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Sri Lanka vs Namibia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ณ๐Ÿ‡ฆ Namibia has a higher top income tax rate (6โ€“36% vs 0โ€“37%). ๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Sri Lanka has a higher consumption tax (18% vs 15%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka offers a lower corporate rate (30% vs 32%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ณ๐Ÿ‡ฆ Namibia taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

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