by crvanwyk | Jun 17, 2020 | Tax
INSIGHTS – NEWS Public Notice to Taxpayers Namibia’s Ministry of Finance released an official statement confirming the deadline to submit Individual Income Tax Returns was extended from 30 June 2020 to 30 September 2020. Home » Tax Public Notice to Taxpayers...
by crvanwyk | Apr 3, 2020 | Tax
INSIGHTS – NEWS Ministry of Finance Media Release – COVID-19 Tax Measures On 31 March, the Chief Public Relations Officer of the Ministry of Finance, Mr. Tonateni Shidhudhu, issued the Ministry’s first official correspondence related to the COVID-19...
by crvanwyk | Mar 11, 2020 | Tax
INSIGHTS – NEWS Analysis of the latest version of the National Equitable Economic Empowerment Bill (NEEEB) The overall response to the latest version of the National Equitable Economic Empowerment Bill (NEEEB) remain adverse and, since its release, Namibia’s...
by crvanwyk | Feb 28, 2020 | Tax
INSIGHTS – NEWS Repeal of Tax Incentives On 19 February 2020, the Minister of Finance, Honourable Calle Schlettwein, tabled the first income tax amendment bill of 2020. The bill repeals the tax incentives applicable to registered manufacturers and export...
by crvanwyk | Feb 19, 2020 | Tax
INSIGHTS – NEWS Repo rate reduced to 6.25 percent On 19 February, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.25 percent. The decision was made to support...
by crvanwyk | Apr 23, 2019 | Tax
INSIGHTS – NEWS Information update on PAYE returns and online submissions Following the implementation of the new Integrated Tax Administration System (ITAS), all relevant employers were requested to submit monthly PAYE returns via the online portal from March...
