Skip to content
AfriTaxCalc

N$741,205.00 a year

Workings

Salary or dividends calculator

See how much you keep from your company's profit as a salary, dividends or a mix, and which salary leaves you the most.

Dividends tax-free for residentsChecked against the Income Tax Act · 23 October 2026

What you keep for the year

N$741,205.00

Taking N$300,000.00 as salary and the rest as a dividend leaves you N$741,205.00 of the N$1,000,000.00 profit. A salary of N$550,000.00 would leave N$747,705.00.

All dividends
N$700,000.00
Your mix
N$741,205.00
All salary
N$744,732.00

Assumes you're a Namibian resident with no other income, on the company's payroll for social security, and that the company pays out all its profit after tax as a dividend this year.

Your company and your pay

Before paying yourself.

The rest is paid out as a dividend. 0 for all dividends.

Updates as you type. Nothing leaves your browser.

What people ask next

Workings

Company profit before your payN$1,000,000.00
Your salary(N$300,000.00)
Company's social security [3]0.9% of pay up to N$12,500 a month(N$1,350.00)
Company's taxable profitN$698,650.00
Company tax at 30% [1](N$209,595.00)
Dividend paid to you [2]tax-free for a Namibian residentN$489,055.00
PAYE on your salary [1]the 2026/27 tax table(N$46,500.00)
Your social security [3](N$1,350.00)
What you keepsalary after PAYE and social security, plus the dividendN$741,205.00

Uses the 30% company rate, the 2026/27 individual tax table, social security at 0.9% each up to N$12,500 a month, and the exemption for dividends paid to residents. Checked 23 October 2026; see the numbered sources. Estimates for guidance only, not tax or financial advice.

How it’s worked out

The salary is a cost to the company, so it reduces the company’s taxable profit; the company pays 30% on what’s left and pays the rest to you as a dividend. You pay PAYE on the salary, and you and the company each pay social security on it. Dividends from a Namibian company are exempt from income tax for a resident.

Which mix is best

Because dividends are tax-free, the comparison is between your tax rate on the salary and the company’s 30%. Salary is cheaper while your rate is below 30%, which means up to N$550,000 a year. Between N$550,000 and N$850,000 your rate is exactly 30%, so it makes no difference; above that, salary costs more.

Before you decide

A salary builds a record of income for loans, pensions and social security benefits, and dividends can only be paid from profits. A 10% tax on residents’ dividends has been proposed in past budgets but isn’t law; if it’s enacted, the answer changes. Talk to your accountant before you change how you pay yourself.