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Home Business & Economy

NamRA collects N$79.3 billion in revenue by January 2025

by editor
February 26, 2025
in Business & Economy
9
A A

The Namibia Revenue Agency (NamRA) collected N$79.3 billion in revenue as of 31 January 2025, reflecting the cumulative total from both domestic taxes and customs and excise duties.

According to the latest data from NamRA, domestic tax collections stood at N$31.36 billion, while customs and excise duties contributed N$48 billion.

This comes as the total revenue estimate for the 2024/2025 financial year is set at N$85.3 billion, which covers the period from 1 April 2024 to 31 March 2025.

As of 31 January 2025, the Integrated Tax Administration System (ITAS) portal recorded a total of 564,504 registered taxpayers.

Meanwhile, the total number of registered taxpayers in Namibia stands at 1,092,862, with 1,000,053 classified as active taxpayers.

Registered taxpayers

NamRA also provided an update on its staffing, reporting a workforce of 1,526 employees as of 10 February 2025.

This includes 1,416 permanently employed staff, four acting staff members, 17 interns and 958 seconded employees.

Additionally, 87 seconded staff members remain in their positions, while recruitment is ongoing for two vacancies, and no offers have been extended yet.

Last year the Revenue Agency collected N$45.1 billion in net tax revenue from 1 April 2024 to 30 September 2024.

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