Miss Zomboko
JF-Expert Member
- May 18, 2014
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Wizara ya Fedha ya Namibia imepanga kufuta asilimia 95 ya riba zilizopo, na kubatilisha adhabu zote kwa walipa kodi ambao watalipa gharama zote ndani ya miezi 3 kuanzia Februari 2021
Msamaha huo unakusudia kuwasaidia raia wa Namibia na Wafanyabiashara wanaokabiliwa na matatizo ya Kiuchumi kutokana na janga la COVID-19
Namibia ina maambukizi ya #CoronaVirus 13,046, waliopona ni 11,344 huki vifo vikifikia 133.
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Namibia taxpayers with outstanding balances can breathe a sigh a relief as the Finance Ministry will write off 95 percent of the interest balance and reverse all penalties for taxpayers who settle the capital amount within three months from Feb. 1, 2021, an official said on Wednesday.
The relief is aimed at supporting Namibian citizens and businesses facing hardship and cash flow problems exacerbated by COVID-19, Finance Ministry Chief Public Relations Officer Tonateni Shidhudhu said.
"Taxpayers who settle their capital before the commencement date and only have an outstanding interest will also benefit," he said, adding that the ministry will write off 75 percent of the interest balance and reverse all penalties for taxpayers who settle the capital amount within a period of 12 months from Feb. 1, 2021.
According to Shidhudhu, no capital amount owing to Inland Revenue Department (IRD) shall be written off and consequently, taxpayers who fail to settle the outstanding capital will not benefit from the program.
Furthermore, he said, penalties and interest settled or set off prior to the effective date of the relief program shall not be refunded or credited to the account.
The relief program does not suspend the taxpayers' obligation to pay taxes on time, Shidhudhu said.
"IRD will continue to collect outstanding taxes from taxpayers who have either not made a settlement arrangement or who have not honored such a settlement plan," he said. Enditem
Msamaha huo unakusudia kuwasaidia raia wa Namibia na Wafanyabiashara wanaokabiliwa na matatizo ya Kiuchumi kutokana na janga la COVID-19
Namibia ina maambukizi ya #CoronaVirus 13,046, waliopona ni 11,344 huki vifo vikifikia 133.
====
Namibia taxpayers with outstanding balances can breathe a sigh a relief as the Finance Ministry will write off 95 percent of the interest balance and reverse all penalties for taxpayers who settle the capital amount within three months from Feb. 1, 2021, an official said on Wednesday.
The relief is aimed at supporting Namibian citizens and businesses facing hardship and cash flow problems exacerbated by COVID-19, Finance Ministry Chief Public Relations Officer Tonateni Shidhudhu said.
"Taxpayers who settle their capital before the commencement date and only have an outstanding interest will also benefit," he said, adding that the ministry will write off 75 percent of the interest balance and reverse all penalties for taxpayers who settle the capital amount within a period of 12 months from Feb. 1, 2021.
According to Shidhudhu, no capital amount owing to Inland Revenue Department (IRD) shall be written off and consequently, taxpayers who fail to settle the outstanding capital will not benefit from the program.
Furthermore, he said, penalties and interest settled or set off prior to the effective date of the relief program shall not be refunded or credited to the account.
The relief program does not suspend the taxpayers' obligation to pay taxes on time, Shidhudhu said.
"IRD will continue to collect outstanding taxes from taxpayers who have either not made a settlement arrangement or who have not honored such a settlement plan," he said. Enditem
