Fishing sector workers paying more taxes than employers
• NamRa concerned about revenue exports
The fishing industry exported an estimated N$13.7 billion in products during the past financial year, yet only N$713.9 million was collected in tax, most of it paid directly from employees' salaries rather than company profits or VAT.
Nikanor NangoloWindhoekNamibia Revenue Agency (NamRA) figures show that employees are carrying the bulk of tax contributions in the fishing sector, with worker deductions consisten...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 10:00.
Comments
Namibian Sun
No comments have been left on this article