Reminders

Taxpayers are reminded that property tax is due and payable each year, on or before June 30th.

NB All property bills with arrears, must first be queried at the Customer Service Section, before payment is made. Property bills without arrears should be taken directly to the Cashier Section for payment.

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Vehicle

All vehicle owners whose licence plate ends with 1, must renew their vehicle licence before January 31st. Similarly, if your vehicle licence plate ends with 2, you must renew your vehicle licence before February 29th to avoid interest charges and ticketing fees..

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All insurance companies are reminded that a statement showing the number of policies issued, the value of every policy and any other information required by the Accountant General must accompany the registration fee remittance and the insurance premium remittance. The forms can be found under Form & Guides tab then click on Tax Returns.

 

PAYMENT OF PROPERTY TAX

Property Tax is an annual tax that should be paid on or before the 30th of June each year. Property Tax Demand Notices (bills) are mailed out by the end of May each year. If you do not receive your Demand Notice by the first week in June, contact the Inland Revenue Department to have one sent or e-mailed to you. Not having received a Demand Notice is not an excuse for non-payment of your property tax. If you have not paid your tax by the due date, interest of one percent (1%) per month will be added to the total amount due. You can request a Demand Notice at any time from the Department.

Your Property Tax Demand Notice will contain your address and the address of the property. It will also contain the current market value and the tax payable. Where a taxpayer has not paid his Property Tax for a previous year, the Demand Notice will contain arrears. Click Demand Notice to see a sample of a Property Tax Demand Notice (Bill).

Remember you can pay your Demand Notice at any time before the 30th of June, to avoid interest charges. The department will accept weekly or monthly payments if you wish to make payments in this manner, but they must be completed before the 30th of June deadline each year, to avoid interest. (Part VI, Division 4, Section 59 of Saint Christopher and Nevis Property Tax Act 2006 (No. 13 of 2006))

Every individual who owns property, unless exempted, must pay Property Tax. Some persons believe that the taxes they owe are eventually written off or somehow disappear. This is not true. Property Tax remains on the account of the owner, and if the owner wishes to sell, all outstanding taxes must be settled before the transfer is completed. This is also true if a transfer is to be completed if the owner is deceased. Please make all efforts to pay your Property Tax in a timely manner.

Unpaid Property Tax Demand Notices are sent to the Collections Section of the Inland Revenue Department for settlement.

TIPS
  • Here are two benefits of holding a valid Business Licence.

    ·         You would be in good legal standing with the Department, since it is illegal to operate in the Federation without one.

    ·     You would be in a better position to obtain financial assistance from lending institutions, since most institutions conduct business verification checks with the Inland Revenue Department.