NamRA says it has collected N$23bn
07 October 2021 | Local News
TUYEIMO HAIDULA
OSHAKATI
The Namibia Revenue Agency (NamRA) yesterday announced it has already collected N$23 billion of the targeted N$49 billion for the 2021/2022financial year.
NamRA’s commissioner Sam Shivute made the announcement at a media engagement in Windhoek to share his 12-month journey in office.
He said this means the commission achieved 47% of the revenue target collection by the end of August.
The establishment and operationalisation of NamRA is expected to significantly improve transparency in Namibia’s tax collection efforts to increase state revenue from the N$52 billion expected during the current financial year.
The agency has recently come under media scrutiny for proposing fat salaries for its employees.
The claims have since been rubbished by Shivute, who said tax evaders want to distract them. He stressed that NamRA will collect taxes without fear or favour.
Smooth
He said based on the revenue performance reports thus far, they are confident of meeting the target as NamRA was created to improve service delivery and they exist to produce results.
Part of the agency’s accomplishments thus far include issuing tax rulings on an urgent basis to facilitate the smooth importation of all oxygen and Covid-19 related products procured by the state and businesses which donated such goods during the peak of the pandemic in June/July.
“The prompt response and efficient service from NamRA did not only contribute to the facilitation of legitimate trade, but surely contributed to the saving of lives.
“NamRA has a great role to play in enabling government to foster economic recovery, sustainable growth and social development for the best interest of all Namibians,” Shivute said.
The agency’s establishment stems from a conscious decision by Cabinet to transform existing in-house departments of Inland Revenue and Customs and Excise within the finance ministry into the semi-autonomous tax administration body.
When President Hage Geingob launched the agency in April, he said its establishment is central to the country’s domestic resources mobilisation agenda.
He added that the reform will sharpen Namibia’s institutional capacity and responsiveness to the complexities of an increasingly integrated regional and global economy, and was confident that tax-evaders’ days are over.
– [email protected]
OSHAKATI
The Namibia Revenue Agency (NamRA) yesterday announced it has already collected N$23 billion of the targeted N$49 billion for the 2021/2022financial year.
NamRA’s commissioner Sam Shivute made the announcement at a media engagement in Windhoek to share his 12-month journey in office.
He said this means the commission achieved 47% of the revenue target collection by the end of August.
The establishment and operationalisation of NamRA is expected to significantly improve transparency in Namibia’s tax collection efforts to increase state revenue from the N$52 billion expected during the current financial year.
The agency has recently come under media scrutiny for proposing fat salaries for its employees.
The claims have since been rubbished by Shivute, who said tax evaders want to distract them. He stressed that NamRA will collect taxes without fear or favour.
Smooth
He said based on the revenue performance reports thus far, they are confident of meeting the target as NamRA was created to improve service delivery and they exist to produce results.
Part of the agency’s accomplishments thus far include issuing tax rulings on an urgent basis to facilitate the smooth importation of all oxygen and Covid-19 related products procured by the state and businesses which donated such goods during the peak of the pandemic in June/July.
“The prompt response and efficient service from NamRA did not only contribute to the facilitation of legitimate trade, but surely contributed to the saving of lives.
“NamRA has a great role to play in enabling government to foster economic recovery, sustainable growth and social development for the best interest of all Namibians,” Shivute said.
The agency’s establishment stems from a conscious decision by Cabinet to transform existing in-house departments of Inland Revenue and Customs and Excise within the finance ministry into the semi-autonomous tax administration body.
When President Hage Geingob launched the agency in April, he said its establishment is central to the country’s domestic resources mobilisation agenda.
He added that the reform will sharpen Namibia’s institutional capacity and responsiveness to the complexities of an increasingly integrated regional and global economy, and was confident that tax-evaders’ days are over.
– [email protected]
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