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.

 

FREQUENTLY ASK QUESTIONS

What is Property Tax ?

A tax levied by the government on real property. Real property refers to all land, structures, firmly attached and integrated equipment (such as light fixtures or a well pump) and anything growing on the land,

How is Property Tax used ?

Property Tax is collected by the Inland Revenue Department on behalf of the Government of Saint Christopher and Nevis. This money is used to service the social needs of the citizens and inhabitants of the community in the form of road building and repair, schools, hospitals and clinics, fire and police services, garbage collection and dozens of other programs. Property Tax should therefore be looked at as a contribution to the social & economic development of the country for future generations.

When is property tax due ?

Property Tax is an annual tax and payment is due on or before 30th year. If payment is not made on time then interest at the rate of 12 percent per annum is added to the tax.

Is payment due if I did not receive a tax notice?

Yes, payment is due before the due date or interest will be charged, even if you did not receive a notice. It is the responsibility of the taxpayer to ensure that their obligations to our society are being met. It is also the responsibility of the taxpayer to update their contact information, including e-mail addresses, with the department when there is a change. If you do not receive a notice before the due date, contact the Inland Revenue Department to have another sent to you or you may come into our office. Not having received a notice is not a valid reason for late payment of taxes.

How is my property valued ?

Property is valued using the market value of recently sold similar properties in the same area multiplied by the size of the building. This value is discounted using theage and condition of the building. For full details see THE VALUATION OF PROPERTY section.

What is market value ?

Market Value is the amount that a property might be expected to realize if it is sold on the open market by a willing seller and a willing buyer, both dealing at arm’s-length. The arm’s-length principle refers to both parties being independent, unrelated and acting without bias or favour.

TIPS
  • The Inland Revenue Department accepts Cash, Personal and Manager’s Cheques, Bank Drafts and Postal Money as forms of payment.  Standing Orders may also be arranged. Taxpayers are asked to note that dishonoured cheques attract a fee of EC$146.60.