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Minister of Finance and Public Enterprises, Iipumbu Shiimi, has said employees whose employers are not reimbursing the Pay As You Earn (PAYE) from the income tax amendments can claim their money from the Namibia Revenue Agency (NamRA) as of February 2025.

A notice was issued by the minister for employers to reimburse employees for PAYE that was over-deducted from 01 March to August 2024.

This followed Cabinet approval of the income tax amendments, which raised the tax thresholds for individual taxpayers from N$50,000 to N$100,000, effective from March 2024.

Speaking at the Government Information Centre on Thursday, Shiimi explained that the funds to be reimbursed have already been deducted from the PAYE monthly employee tax amounts due to NamRA.

Therefore, instead of paying it to the revenue agency, a notice was issued for it to be paid directly to employees.

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nbc Digital News

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