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INSIGHT | TAX & REVENUE
NamRA Collected N$42.4 Billion in First Half of 2026/2027 Financial Year
The agency collected 51.4% of its N$82.6 billion annual target by the end of September, with SACU receipts, VAT and personal income tax contributing the largest shares of net revenue.
The Namibia Revenue Agency (NamRA) has collected N$42.4 billion in net revenue during the first half of the 2026/27 financial year, reaching 51.4% of its N$82.6 billion annual target, according to its latest figures released on Thursday.
NamRA reported that it had collected N$49.3 billion in gross revenue by the end of September, while refunds amounting to N$6.9 billion brought net collections to N$42.4 billion.
“For the period under review, NamRA collected a net amount of N$42.4 billion which equates to 51.4% of the total revenue target of N$82.6 billion for FY2026/27,” the agency stated.
According to NamRA’s revenue breakdown, Southern African Customs Union (SACU) receipts contributed the largest share of net revenue, bringing in N$11.54 billion, equivalent to 27.3% of collections, while value-added tax (VAT) contributed N$10.13 billion, representing 24%.
The agency further reported that personal income tax has generated N$9.68 billion, accounting for 22.9% of net revenue, while company income tax contributed N$7.31 billion, or 17.3%.
NamRA also recorded N$3.56 billion from other taxes, representing 8.4% of net collections.
In its performance against category targets, NamRA reported that domestic taxes had generated N$28.6 billion, reaching 50% of the target, while Customs and Excise had collected N$13.8 billion, equivalent to 54%.
Meanwhile, the Minister of Finance, Ericah Shafudah, confirmed during the mid-year budget review presentation in the National Assembly on Thursday that the Government’s Tax Amnesty Programme would end on 31 October, with about 28,157 taxpayers regularised their tax affairs since the programme began.
“As the programme has now achieved its intended objective, it will come to an end on 31 October 2026,” Shafudah stated.
The Minister also assured taxpayers who had entered into repayment arrangements that their agreements would continue to be honoured, while urging all taxpayers to meet their outstanding obligations as the Government moves towards a tax system based on compliance and accountability.
