One million taxpayers carry the nation
NAMIBIA has about one million registered taxpayers who are funding the social and development expenditure of three million people. According to the latest Namibia Revenue Agency (Namra) annual report, the agency collected N$98.9 billion in gross revenue, with a net amount of N$88.555 billion from these taxpayers.“By 31 March 2025, Namra had registered a total […] The post One million taxpayers carry the nation appeared first on The Namibian.
Black News 
NAMIBIA has about one million registered taxpayers who are funding the social and development expenditure of three million people.
According to the latest Namibia Revenue Agency (Namra) annual report, the agency collected N$98.9 billion in gross revenue, with a net amount of N$88.555 billion from these taxpayers.
“
By 31 March 2025, Namra had registered a total of 1.0 million taxpayers. Of these, 575 136 were registered as e-filers on ITAS. For the year under review, the total number of active tax accounts stood at 1.04 million,” Namra says.
Tax revenue forms the largest source of government income. It helps fund development projects, public services and the government’s annual operational expenditure.
The total government budget was N$104 billion. Of this, N$6 billion is budgeted for development projects.
International tax contribution was the largest tax contributor at N$30 billion, followed by value-added tax and personal income tax, both contributing N$20 billion.
The post One million taxpayers carry the nation appeared first on The Namibian.
