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Taxpayers encouraged to take advantage of tax amnesty

This story was posted 3 years ago
10 January 2023
in Business, PRESS RELEASE
1 min. read
Ministry of Finance, Financial Complex, St George's. Photo: NOW Grenada
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The Ministry of Finance informs the public that a one-year Tax Amnesty programme is currently being implemented by the Inland Revenue Division.

The Tax Amnesty will provide a 100% waiver on ALL interests and penalties to ALL taxpayers with existing tax arrears owed to the Division up to 31 December 2021.

The Inland Revenue Division encourages ALL taxpayers — individuals and businesses — who have outstanding tax returns and balances for the relevant periods covered under the Amnesty to take advantage of this opportunity to regularise their tax position and to become tax compliant.

Please note that the Division intends to use all enforcement powers at the end of the Amnesty period to recover outstanding balances. As such, taxpayers who fail to take advantage of this Amnesty would face stricter enforcement actions as of January 2024.

For further information on Tax Amnesty, please contact the Inland Revenue Division at 435-6945/6, e-mail [email protected], or visit our website ird.gd.

GIS

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Tags: gisinland revenue divisionirdministry of financetax amnesty

Comments 1

  1. Christel Andall says:
    3 years ago

    My dad have a peace of land in Manhattan Grandanse st George’s n it have people on the land. They said the have been the for over a decade so my sister told me she went with someone from the government n they told her that they can not get the people of the land, an if we do it will be expensive to dig out the land . The people who’s on the land haven’t been paying tax for it but till wants to play bad for wats not there’s wat to do cause it’s hard to pay rent these days n I want to build something stable for me n my son

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