For an inflation-adjusted comparison of the tax rates over the past 60 years or so, have a look here: Interactive: Income tax & bracket creep – why you pay more tax. 40 001 - 80 000 700 + 29.5% for each N$ above 40 000; Historical Highest Marginal Income Tax Rates. This … Tax rates and allowances have been added for the tax year 2020 to 2021. Tax Years 1913 - 2015 Table 23 XLS Appendix to Selected Historical and Other Data Tables. Rates, allowances and duties have been updated for the tax year 2019 to 2020. 22,000 in 1990-91 to Rs. Effective tax rate by AGI, 1935-2015. Individual Taxes. 1 May 2020. Data Presented U.S. Congress sets the rates and income that falls into them when a tax law is created or changed. Historical Income Tax Rates - Namibia Individual Income Tax Taxable income (N$) Rate of tax for years of assessment ending 2008 and 2009. Federal Individual Income Tax Rates History Inflation Adjusted (Real 2012 Dollars) Using Average Annual CPI During Tax Year Income Years 1913-2013 In Constant 2013 Dollars CPI: 234.345 (Projected) Married Filing Jointly Married Filing Separately Single Head of Household Marginal Marginal Marginal Marginal 2017 Personal income tax rates (updated to May 31, 2017) Corporate income tax rates 2013-2017 (updated to May 31, 2017) 2017 Top marginal tax rates (updated to May 31, 2017) Deferred income plans - maximum annual contributions to a pension plan (updated to May 31, 2017) 2017 International tax treaty rates (updated to May 31, 2017) Then the Internal Revenue Service adjusts the income brackets each year, usually in late October or early November, based on inflation. Individual Income Tax: Personal Exemptions and Lowest and Highest Bracket Tax Rates, and Tax Base for Regular Tax. 0 - 36 000 Not taxable. See also: Medicare levy historical rates Budgets 2012 to current National Budget Archives (external site) Tax Rates 2008-2009 Year (Residents) Highest Tax Rate Including Surcharge has come down from 56% in FY 1990-91 to 30.9% since 2010-11 and has again gone up from FY 2013-14 (for income above Rs 1 Crore); The exemption limit for Income Tax has also increased more than 10 times from Rs. This puts you in the 25% tax bracket, since that's the highest rate applied to any of your income; but as a percentage of the whole $100,000, your tax is about 17%. Here's a look at income tax rates and brackets over the years. 6 April 2019. Historical highest marginal personal income tax rates, 1913 to 2020. Average effective tax rates, number of tax returns, total adjusted gross income, and total tax … 36 001 - 40 000 17.5% for each N$ above 36 000. The taxes we pay depend on two things.

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