BASSETERRE, ST. KITTS, March 7, 2018 (Inland Revenue Department) - The Department extends its gratitude to all taxpayers who have met their legal obligations to the Federation over the years by:
1. registering their business with the Department;
2. keeping proper records;
3. filing correct returns and paying taxes on time;
4. informing the Department in a timely manner about any changes to their business.
In complying with the above, you have made a significant contribution towards building our nation.
Some taxpayers still fail to comply with the requirements of our tax legislation and there are legal consequences for such failure. The Tax Administration and Procedures (Amendment) Act of 2014, Section 37 (6) (C) addresses the publishing of names of non-compliers and outlines the instances in which a taxpayer’s name may be published.
The Inland Revenue Department (IRD) is therefore informing taxpayers who have:
(i) failed to register their business;
(ii) failed to file tax returns and pay their taxes;
(iii) filed tax returns with false or misleading information;
(iv) have any unsettled tax liability or
(v) have collected VAT & other taxes from the public on behalf of the government and failed to remit to the IRD.
To contact the Department by March 23, 2018 to discuss their case and make arrangements to settle their obligations. If satisfactory arrangements are not made by this date, non-compliance measures, including the Publication of Names of Defaulters in newspapers will be enforced. The Department due to the level of non-compliance was forced to publish the name of defaulters in 2011. The IRD hopes that a repeat of such an aggressive enforcement measure can be avoided.
For more information about the Publication of Names of Defaulters and other options available for improving your compliance to build our nation, kindly contact us at (869) 465-8485 ext. 3411 & 3412 or (869) 469-5586, inlandrevenue@sknird.com or visit our website at www.sknird.com. Like us on Facebook at St. Kitts and Nevis Inland Revenue Department.
The Inland Revenue Department is charged with administering the tax laws of the Federation in an efficient and equitable manner, to promote voluntary compliance to maximize Revenue for the development of the Federation at the least cost to the public and in a manner that warrants the highest degree of Public confidence in our integrity, efficiency and fairness. The Inland Revenue Department is the prime revenue collections agency for the Government of St. Kitts and Nevis within the Ministry of Finance, located at Bay Road, Basseterre, and Charlestown, St. Kitts and Nevis, West Indies.
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