WINDHOEK: Minister of Finance and Public Enterprises , Iipumbu Shiimi , has said employees whose employers are not reimbursing the Pay As You Earn ( PAYE ) from the income tax amendments can claim their money from the Namibia Revenue Agency ( NamRA ) as from February 2025 . A notice was issued by the minister for employers to reimburse employees for PAYE that was over – deducted from 01 March to August 2024 . This followed Cabinet approval of the income tax amendments , which raised the tax thresholds for individual taxpayers from N . dollars 50 000 to N . dollars 100 000 , effective from March 2024 . Speaking at the Government Information Centre on Thursday , Shiimi explained that the funds to be reimbursed have already been deducted from the PAYE monthly employee tax amounts due to NamRA . Therefore , instead of paying it to the revenue agency , a notice was issued for it to be paid directly to employees . ‘ This new arrangement , where we are saying employers must refund , was basically just a faster way o
f getting people their tax refunds earlier . Otherwise , employees would have to wait until next year ,’ he said . Shiimi clarified that when the ministry announced the tax refund proposal , some employers were concerned about having to borrow additional money . However , he explained that this was a misunderstanding , as the money to be refunded is the deducted PAYE from employees ‘ taxable income . ‘ I would be very surprised if there is an employer who says , ‘ I want to pay NamRA ; I don ‘ t want to pay you .’ Now , while you still have the tax credit … All we are saying is the employer doesn ‘ t need to pay that tax to NamRA , because NamRA is saying you don ‘ t have to do that , rather pay it to the employees . So , you are either going to pay that tax to NamRA or to the employees … What is there to lose ?’ he asked . ‘ If there is an employer who is unable to do this , I would like to know why , and I would like to have a conversation with that employer ,’ he said .

Source: The Namibia News Agenc
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