The Namibia Revenue Agency (NamRA) collected N$19.9 billion in net revenue during the first quarter of the 2025/26 financial year, reaching 22.4% of its annual target of N$88.999 billion.
According to NamRA’s latest figures, gross revenue by 30 June 2025 stood at N$22.5 billion.
After processing tax refunds worth N$2.6 billion, the net amount stood at N$19.9 billion.
“NamRA collected N$22.5 billion in gross revenue during the review period. After processing refunds totalling N$2.6 billion, net revenue stood at N$19.9 billion – representing 22.40% of the FY2025/6 annual revenue target,” the agency said.
International taxes contributed the most, generating N$5.7 billion or 28.6% of the net total.
This was followed by Value Added Tax (N$5 billion), Pay-As-You-Earn (N$4.2 billion) and Corporate Income Tax (N$3.7 billion). Other tax categories made up N$1.3 billion.
Domestic taxes brought in N$13.6 billion, while customs and excise generated N$6.3 billion.
NamRA previously reported revenue of N$12.78 billion between 1 April and 31 May 2025.
