Maria David
THE Namibia Revenue Agency (NamRA) has successfully paid out an amount of N$100.9 million in tax refunds to taxpayers.
According to Yarukeekuro Ndorokaze, Chief Strategic Communication and Support Engagement, the ongoing Mass Tax Refund exercise commenced in December 2023.
Ndorokaze said that out of the 78,441 tax returns processed, 46,941 refunds were successfully paid to 46,772 individual salaried persons and pensioners.
“The cumulative value of these successful refunds was N$100.9 million, providing significant financial relief to eligible taxpayers,” he said.
He added that while the majority of refunds were successfully processed, unfortunately, 31,500 refunds totalling N$56.9 million were rejected for various reasons.
Ndorokaze indicated that the rejection criteria encompassed outstanding returns, unpaid liabilities, and missing bank account numbers, among other factors.
“NamRA appreciates the cooperation received from taxpayers during this exercise and remains committed to minimizing delays in the refund process,” he added.
Ndorokaze then urged taxpayers to proactively address the identified shortcomings to avoid refund rejections in the future and ensure the swift release of their refunds.
