GIPF beneficiaries to get tax refund in November
News in short
The Government Institutions Pension Fund (GIPF) has announced that tax relief refunds will be issued on 28 November to tax-paying and qualifying pensioners, as well as spousal and child beneficiaries.
"The GIPF team is diligently working around the clock to adjust the fund’s payment processes to affect the tax refunds efficiently and speedily," it said in a statement this week.
“I am elated that our members can now breathe a sigh of relief as all individual taxpayers will be exempted from paying tax on the first N$100 000 of their income; however, we ask for patience as the fund finalises the payment logistics,” CEO Martin Inkumbi said.
"The GIPF team is diligently working around the clock to adjust the fund’s payment processes to affect the tax refunds efficiently and speedily," it said in a statement this week.
“I am elated that our members can now breathe a sigh of relief as all individual taxpayers will be exempted from paying tax on the first N$100 000 of their income; however, we ask for patience as the fund finalises the payment logistics,” CEO Martin Inkumbi said.
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