Reminders

The Inland Revenue Department wishes to advise the general public, that all commercial entities desirous of operating in the Federation, irrespective of size, are required by law to obtain a Business Licence. Current Business Licence holders are reminded, that their Licences should be renewed on or before January 31st, 2014. Payment after this date, will accrue 1% interest per month.

LATEST NEWS
  • ST. KITTS & NEVIS INLAND REVENUE DEPARTMENT TO LAUNCH E-SERVICES PORTAL

    The St. Kitts and Nevis Inland Revenue Department (IRD) is nearing the launch of its E-Services Portal in move designed to enhance the customer services experience, reduce the cost of compliance and drive revenue administration. The initiative will see customers being provided with access to our online web portal where they will be able to execute an increasing amount of information and services. The Department will also begin accepting credit card payments at that time.

    Beat the long lines, no more unnecessary walks to the Department just to ask a question, collect or return a form or check the status of your account. Customers in St. Kitts and Nevis will be rid of much of the hassle of settling their tax obligations with needless visits to the Department to conduct minor activities. With the advent of this new initiative, customers will now be able to access these services through E-Services portal.

    This effort comes as the Department continues to implement its medium term goal of transforming the Inland Revenue Department into a world class revenue administration recognised for delivering professional and efficient services to taxpayers. In focusing on the needs of its customers, the Department believes it will be better able to reduce waste and inefficiencies, while improving tax compliance and the customer experience across the organisation.

  • NEW FILING & PAYMENT PERIORDS FOR LISTED TAXES CHANGED FROM MONTHLY TO QUARTETLY

    The Inland Revenue Department wishes to advise all taxpayers that effective January 1st,2014, the filing and payment periods have been changed from monthly to quarterly, for the taxes listed below.  These taxes are:

    1.      Unincorporated Business Tax (UBT)

    2.      Withholding Tax (WTH)

    3.      Island Enhancement Fund (E-Fund)

    4.      Insurance Premium Tax

    5.      Hotel & Restaurant Tax and

    6.      Travel Tax

    7.      Excise Tax

    Therefore, the new filing and payment periods for the above listed taxes are as follows;

    March 17th, 2014 – (For the months of January and February 2014) (Transition period)

    June 16th, 2014 – (For the months of March, April and May 2014)

    September 15th, 2014 – (For the months of June, July and August 2014)

    December 15th, 2014 – (For the months of September, October and November 2014)

    March 16th, 2015 – (For the months of December, 2014, January and February 2015)

TIPS
  • Payment of outstanding taxes and annual filings of financial statements, including tax returns, are due 3 ½ months following the end of the financial year of every company.