Namibia’s tax policies are under increased scrutiny, with analysts and industry experts raising concerns about the efficiency of revenue collection processes ,when it comes to processing tax refunds. Namib Mills’ risk and compliance manager Cameron Kotze questioned the efficiency of the Namibia Revenue Agency (NamRA) in processing tax refunds, urging the government to consider introducing...
Stefanus Nashama Namibia Asset Protection is set to refund one of its employees, Shapumba Tutangeni, a total amount of N$920 after deducting the amount from his salary for allegedly sleeping on duty last year. Tutangeni is employed as a security guard and the repayment of a part of his salary comes in the wake of...
The hopes of a group of taxpayers who approached the High Court to temporarily stop the Namibia Revenue Agency from deducting money from their salaries have been dashed. Close to 1,000 employees are believed to be involved in a tax refund scam running into millions of dollars. The applicants wanted the High Court to temporarily...
The amount of a tax refund scam that was uncovered last year now stands at N$833 million. The Namibian Revenue Agency (NamRA) says the network of tax evasion involves 1,168 taxpayers across 84 institutions. In a media statement, NamRA reports that as of the 18th of July, the investigation had brought to light an astounding...
Business Reporter The Namibia Revenue Agency (NamRA) has announced significant progress in the investigation of the fraudulent income tax refund scam that began in March 2022. Steven Ndorokaze, Chief Communications Officer at NamRA, stated that as of 18 July 2023, investigations have implicated a total of 1 168 taxpayers employed at 84 institutions, including private...