Reminders

"The Inland Revenue Department is requesting all taxpayers whose personal information is obsolete, to kindly visit the office at their earliest convenience to facilitate updates"

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The Automatic Exchange of Information (AEOI) Competent Authority for the Federation of Saint Kitts and Nevis has revised the filing deadline for FATCA and CRS reporting

The Saint Kitts and Nevis AEOI Competent Authority wishes to advise the Financial Institutions that it is now extending its FATCA reporting deadline for the 2019 reporting period to 30th November 2020.
The Saint Kitts and Nevis AEOI Competent Authority is also extending its CRS reporting deadline for the 2020 reporting period to 30th November 2020.

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Liquor Licence

The St.Kitts and Nevis Government has suspended all Liquor Licence renewals until further notice.

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Liquor Licence

All Liquor Licence renewals start at the Sir Lee Llewelyn Moore Judicial Complex (Court's Cashier.) The stub given there, should be presented to the Inland Revenue Department in order to process the Licence.

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The Due Date for Payment of Property Tax 2020 has been extended to September 30, 2020, as per the initiative outlined in the COVID-19 Stimulus Package 2020"

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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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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
  • 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.