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Information Update on Refunds from Receiver of Revenue

Information Update on Refunds from Receiver of Revenue

During the past few weeks our office received numerous queries regarding the status of refunds from the Receiver of Revenue. We herewith wish to inform our clients that, although official correspondence from the Ministry of Finance could not be obtained, we were informed that all refunds are currently on hold with no pending payments to tax payers in the near future.

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Information Update on EFT Tax Payments

Information Update on EFT Tax Payments

In line with The Ministry of Finance’s efforts to improve tax collection services, the introduction of the Tax Identification Number (TIN) necessitated that validation of tax references had to be changed on all Namibian internet banking payment platforms to comply with the new standard.

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Notification of ITAS

Notification of ITAS

On 21 February 2019, the Department of Inland Revenue (IRD) conducted country wide workshops on the submission of Employees Tax Returns on the New Integrated Tax Administration System (ITAS) which will take effect 1 March 2019.

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Notification of ITAS

Notification of ITAS

The Ministry of Finance has developed an integrated information technology solution for administration of taxes. The new system known as Integrated Tax Administration System (ITAS) will replace the existing legacy system (Taxlive) and is expected to become operational as from 17 January 2019.

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