Taxpayers urged to take advantage of Tax Amnesty Program

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Taxpayers have once again been urged to take advantage of the Tax Amnesty Program and file their taxes.

Through the Tax Amnesty program announced on the 1st of April, the Ministry of Finance agreed to waive 100% of the interest and penalties on taxes owed to the taxman.

Taxpayers and clients owe the state more than N$60 billion.

The Namibia Revenue Agency (NamRA) says that from that amount, the capital debt amount accounts for only N$15 billion, while the rest is from interest and penalties.