{"id":365989,"date":"2024-11-14T05:00:00","date_gmt":"2024-11-14T03:00:00","guid":{"rendered":"https:\/\/informante.web.na\/?p=365989"},"modified":"2024-11-13T23:47:51","modified_gmt":"2024-11-13T21:47:51","slug":"namra-pays-out-n75-1-million-in-tax-refunds","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=365989","title":{"rendered":"NamRa pays out N$75.1 million in tax refunds"},"content":{"rendered":"\n

Business Reporter<\/p>\n\n\n\n

THE Namibia Revenue Agency (NamRa) has said that, in its efforts to continuously improve service delivery and clear the backlog of refunds due to individual taxpayers, the agency successfully paid out N$75.1 million in tax refunds to 50,804 taxpayers on 23 October and 1 November 2024, respectively.<\/p>\n\n\n\n

Tonateni Shidhudhu, NamRa spokesperson, explained that these refunds ranged between N$100 and N$3,000 across all tax types.<\/p>\n\n\n

\n
\"\"
PICTURED: NamRa spokesperson, Tonateni Shidhudhu.<\/figcaption><\/figure>\n<\/div>\n\n\n

“Currently, NamRa is preparing to process a third batch of refunds, expected to be released later in November 2024, covering tax credits from N$101 to N$100,000. The estimated tax refunds to be effected total more than N$200 million. This effort aligns with Section 94 of the Income Tax Act, 1981 (Act No. 24 of 1981) and reflects NamRa’s commitment to clearing the longstanding backlog, ensuring that taxpayers who meet their obligations are promptly refunded,” Shidhudhu said.<\/p>\n\n\n\n

He added that despite these efforts, refunds totalling N$60,911,304.61 for 31,162 taxpayers are currently on hold due to incomplete tax returns and banking details.<\/p>\n\n\n\n

“We urge all taxpayers to update their tax records and banking information to avoid missing out on their entitled refunds. For assistance with submitting returns or updating bank details, taxpayers are encouraged to visit their nearest NamRa office or call our Call Centre at (+264) 81 959 4000. NamRa remains dedicated to ensuring the timely processing of tax refunds for all compliant taxpayers,” Shidhudhu concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"

Business Reporter THE Namibia Revenue Agency (NamRa) has said that, in its efforts to continuously improve service delivery and clear the backlog of refunds due to individual taxpayers, the agency successfully paid out N$75.1 million in tax refunds to 50,804 taxpayers on 23 October and 1 November 2024, respectively. Tonateni Shidhudhu, NamRa spokesperson, explained that …<\/p>\n","protected":false},"author":10,"featured_media":365990,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-365989","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news"],"yoast_head":"\nNamRa pays out N$75.1 million in tax refunds - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"THE Namibia Revenue Agency (NamRa) has said that, in its efforts to continuously improve service delivery and clear the backlog of refunds...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/informante.web.na\/?p=365989\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NamRa pays out N$75.1 million in tax refunds - 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