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"The Inland Revenue Department is requesting all taxpayers whose personal information is obsolete, to kindly visit the office at their earliest convenience to facilitate updates"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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TAX OBJECTIONS AND APPEALS (EXCEPT PROPERTY TAX)

A taxpayer can only object to the assessment by the Inland Revenue Department.  They cannot object to the tax.  If the assessment is correct, then the tax is correct.  Tax Administration and Procedures Act 2003 Section 40 – 45 lists the details of the objection process.

40.  (1) A taxpayer who is dissatisfied with an assessment or any other decision of the Department may request the Comptroller for an administrative review of the decision.

(2) A request for administrative review shall be made to the Comptroller in the prescribed form not later than one month from the date of the assessment or the date the taxpayer was notified of the decision.

(3) The Comptroller shall consider the taxpayer's request and notify the tax payer in writing of his or her decision, and the reasons for the decision within a reasonable time.

Objections to assessments for Value Added Tax are guided by the provisions in The Value Added Tax Act, No. 3 of 2010, as stated in the following sections:

64.  (2) A person who is dissatisfied with an appealable decision may lodge an objection to the decision with the Comptroller within thirty (30) calendar days after the service of the notice of the decision.

(4)  An objection to an appealable decision shall be

(a)  in such form as may be prescribed by the Comptroller;
(b)  specify in details the grounds upon which it is made, and
(c)  be accompanied by payment of all tax not in dispute and 50% of the amount of tax in dispute”.

 (6)  The Comptroller may, after considering the objection, allow the objection in whole or part and amend the assessment or the decision objected to accordingly, or disallow the objection.

(7)  The Comptroller shall serve on the person who is objecting a notice in writing of the decision of the Comptroller on the person’s objection.

To start the objection process, the taxpayer must complete an Objections Form (OBJ-001:  Objection Form For Tax Assessments) or (OBJ-003:  Objection Form For Value Added Tax).  On it you must record your name, address, contact information, the assessment information and define the reasons under which you are objecting.  You may also include any other information that you think is relevant to your case.  You should complete the form in its entirety, to ensure faster service.

 

TIPS
  • All taxpayers with arrears, who have not made arrangements to pay their tax debt in full, are encouraged to contact the Inland Revenue Department immediately.  The Department is prepared to assist all taxpayers to honour their tax obligations by providing payment arrangements that considers taxpayers unique circumstances.