The Namibia Revenue Agency (NamRA) issued a public notice on 27 March 2026 announcing an extension of the deadline to submit returns in relation to Section 21 of the Income Tax Act (loss restrictions). In general, Section 21 provides that the offset of losses carried forward is limited to NAD 1 million or 80% of taxable income, whichever is greater, with the carryforward of losses limited to five years, increased to ten years in respect of entities involved in the mining, petroleum, or green…