18
Sep
Niël Terblanché The Namibia Revenue Agency (NamRA) has issued a notice to all taxpayers regarding the declaration and payment of freight tax before 1 December 2023. Commissioner Sam Shivute highlighted the importance of adhering to the stipulated regulations as set out in the Income Tax Act of 1981. The tax, as outlined in Section 34 of the Act, focuses primarily on non-resident owners or charterers of ships and aircraft. It targets income generated from the embarking of passengers and the loading of livestock, mail, or goods within Namibian territory. The levy applies to 10 percent of the gross income (considered…