• Covid-19
  • Travel Protocols
  • Immigration & Customs Form
Wednesday, May 31, 2023
SKNIS
  • Home
  • About
  • Press Releases
  • Parliament
  • In The News
  • Bills
No Result
View All Result
SKNIS
No Result
View All Result
Home Featured

APRIL 28th, 2023 IS DESIGNATED AS A DISCOUNTED VALUE ADDED TAX RATE DAY

SKNISEditor by SKNISEditor
April 18, 2023
in Featured, In The News
Share on FacebookShare on Twitter

FOR IMMEDIATE RELEASE 

BASSETERRE, ST. KITTS, APRIL 18th, 2023 – The Inland Revenue Department (IRD) is pleased to announce  that April 28th, 2023 has been prescribed as Discounted VAT Rate Day.  

Related posts

OECS to host Fun Walk in St Kitts and Nevis as part of 42nd Anniversary celebrations

OECS to host Fun Walk in St Kitts and Nevis as part of 42nd Anniversary celebrations

May 31, 2023
The Energy Unit within the Ministry of Public Infrastructure and Utilities welcomes creatives of all ages to participate in a Jingle Competition

The Energy Unit within the Ministry of Public Infrastructure and Utilities welcomes creatives of all ages to participate in a Jingle Competition

May 31, 2023

This will allow all approved VAT-registered businesses to charge VAT at the rate of 5% on the sale of goods only.  All tangible items subject to 17% VAT will qualify for the special rate on Discounted VAT Rate Day. Items eligible  must also be available for sale and immediate issuance or delivery to the customer on the Discounted VAT Rate  Day.  

Orders for items not in stock do not qualify. Vehicles, guns, ammunition, cigarettes and alcoholic beverages are not  eligible. Alcoholic beverages not eligible include but are not limited to Wine, Brandy, Vodka, Whiskey, Gin, Rum,  Liqueurs, Beer, Guinness, Royal Stout, Carib, and Smirnoff Ice.  

Businesses desirous of registering for Discounted VAT Rate Day must ensure that:  

• All VAT return filings and/or payments are up to date;  

• They have no outstanding taxes, licenses, penalties and/or interest due to the Inland Revenue Department and/or the Customs and Excise Department.  

Businesses wishing to participate may access the application form via the Inland Revenue Department’s website at  www.sknird.com or the IRD’s offices in Basseterre and Charlestown. The form must be returned on or before April  25th, 2023 at 4:00 pm. Businesses are encouraged to submit their application via email at inlandrevenue@ird.gov.kn.  

Taxpayers are asked to contact the Inland Revenue Department for any additional information. 

The Inland Revenue Department, Building our Nation Through Responsible Tax Administration 

St. Kitts and Nevis Inland Revenue Department, Bay Road, Basseterre, St. Kitts 

Tel: (869) 465-8485, Exts: 3402/3410 

Email: inlandrevenue@ird.gov.kn 

Website: www.sknird.com 

Facebook, Youtube, LinkedIn: St. Kitts and Nevis Inland Revenue Department 

Instagram: inlandrevenue 

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. 

Previous Post

Boosting Small Island Developing States’ ability to achieve the Sustainable Development Goals

Next Post

ST. KITTS AND NEVIS SIGNS BILATERAL AGREEMENT WITH UK HYDROGRAPHIC OFFICE

Next Post
ST. KITTS AND NEVIS SIGNS BILATERAL AGREEMENT WITH UK HYDROGRAPHIC OFFICE

ST. KITTS AND NEVIS SIGNS BILATERAL AGREEMENT WITH UK HYDROGRAPHIC OFFICE

WHAT'S HOT

Courts Partners with the St. Kitts Music Festival

Courts Partners with the St. Kitts Music Festival

May 31, 2023
OECS to host Fun Walk in St Kitts and Nevis as part of 42nd Anniversary celebrations

OECS to host Fun Walk in St Kitts and Nevis as part of 42nd Anniversary celebrations

May 31, 2023
The Energy Unit within the Ministry of Public Infrastructure and Utilities welcomes creatives of all ages to participate in a Jingle Competition

The Energy Unit within the Ministry of Public Infrastructure and Utilities welcomes creatives of all ages to participate in a Jingle Competition

May 31, 2023

BROWSE BY CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

LIKE US ON FACEBOOK

Facebook Pagelike Widget

FOLLOW US

CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

CONTACT US

Government Headquarters
Church Street
Basseterre, Saint Kitts and Nevis 00265
(869) 467-1416

  • Government of St. Kitts & Nevis

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit

No Result
View All Result
  • Home

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit