The Namibia Revenue Agency (NamRA) has extended the deadline for the submission of income tax returns to 31 October 2025 for taxpayers affected by the implementation of Section 21 of the Income Tax Act, 1981 (Act No. 24 of 1981).
NamRA’s Chief of Strategic Communications and Support Engagements, Yarukeekuro Ndorokaze, said the extension applies to returns that were originally due on 31 July, 31 August, and 30 September 2025.
Ndorokaze explained that the extension was prompted by “system readiness challenges” as NamRA prepares to implement amendments to Section 21.
“The Namibia Revenue Agency (NamRA) hereby informs all taxpayers affected by the implementation of Section 21 of the Income Tax Act, 1981 (Act No. 24 of 1981), that the submission of returns has been extended to 31 October 2025,” he said.
The amended section introduces limits on the setting-off of assessed losses carried forward from previous years of assessment.
NamRA has encouraged all affected taxpayers to use the extended period to familiarise themselves with the changes and ensure compliance.
This comes as NamRA collected N$19.9 billion in net revenue during the first quarter of the 2025/26 financial year, representing 22.4% of its annual revenue target of N$88.999 billion.
According to the revenue agency, gross revenue as at 30 June 2025 stood at N$22.5 billion. After issuing tax refunds amounting to N$2.6 billion, the net figure came to N$19.9 billion.
NamRA stated that international taxes were the largest contributor to the total, accounting for N$5.7 billion or 28.6% of net revenue. 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 contributed a further N$1.3 billion.
In addition, NamRA said domestic taxes generated N$13.6 billion, while customs and excise duties brought in N$6.3 billion during the period under review.
