Tax incentive programme extended to April

14 March 2018

The Ministry of Finance announced Wednesday that it had extended the duration of the Tax Arrear Recovery Incentive Programme to Tuesday, 03 April 2018.

This comes after Finance Minister, Calle Schlettwein, announced last week during his 2018/19 budget speech in Parliament that the ministry had recovered N$972 million from the N$4 billion that it claims it is owed in tax arrears.

Treasury introduced the second tax incentive scheme on 11 September 2017 after a number of tax defaulters failed to heed the call to pay their outstanding taxes under the first incentive programme which terminated on 31 July.

The second programme ended on Monday, 12 March, 2018.

In a notice on Wednesday, the ministry said taxpayers who choose not to partake in the extended incentive programme shall become liable for the full payment of taxes and interests owing to the Receiver of Revenue.

“Inland Revenue Department will impose the full extent of the tax laws through the recovery provisions which include Attachment of Assets, Appointment of Agents and Recovery of Tax from Third Parties,” the statement said.


The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

Contact Us

Windhoek Observer House
c/o John Meinert & Rossini Street
Windhoek West
Tel: +264 61 411 800
Fax: +264 61 226 098