by crvanwyk | Dec 1, 2020 | Tax
INSIGHTS – NEWS VAT Refund Update Effective 1 February 2021 the Ministry of Finance intends to expedite the pay-outs of undisputed Value Added Tax (VAT) refunds, to within three months following the receipt of a credit VAT return. Home » Tax » Page 2 ITAS...
by crvanwyk | Nov 6, 2020 | Tax
INSIGHTS – NEWS ITAS Update Taxpayers can rest easier at night as the Ministry of Finance announced an electronic filing Tax Relief Programme for outstanding taxes yesterday. Home » Tax » Page 2 ITAS Update Taxpayers can rest easier at night as the Ministry of...
by crvanwyk | Oct 15, 2020 | Tax
INSIGHTS – NEWS Reminder: Notification to Taxpayers and Public As announced in July this year, taxpayers will no longer be required to submit import value-added tax returns. ITAS has introduced a function which populates your import VAT return based on what is...
by crvanwyk | Sep 23, 2020 | Tax
INSIGHTS – NEWS Notification to Taxpayers and Public On Wednesday, 23 September, Namibia’s Ministry of Finance issued an official media release confirming the deadline to submit annual Individual Income Tax returns is further extended from 30 September 2020 to 1...
by crvanwyk | Sep 18, 2020 | Tax
INSIGHTS – NEWS ITAS Update Regarding PAYE Submissions (ETX Files) The Namibian Institute of Professional Accountants (NIPA) released important communication following a meeting between their Tax Committee and the Department of Inland Revenue (IRD) earlier this...
by crvanwyk | Aug 24, 2020 | Tax
INSIGHTS – NEWS Repo rate reduced to 3.75 percent On the 18th of August 2020, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to reduce the Repo rate by 25 basis points, from 4 percent to 3.75 percent, a new...
