Reminders

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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Vehicle

All vehicle owners whose licence plate ends with 1, must renew their vehicle licence before January 31st. Similarly, if your vehicle licence plate ends with 2, you must renew your vehicle licence before February 29th to avoid interest charges and ticketing fees..

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All insurance companies are reminded that a statement showing the number of policies issued, the value of every policy and any other information required by the Accountant General must accompany the registration fee remittance and the insurance premium remittance. The forms can be found under Form & Guides tab then click on Tax Returns.

 

COMPLIANCE AND COLLECTION OF TAX DEBT

WHAT IS AN INTENTION TO LEVY EXECUTION?

The Intention to Levy Execution freezes cash held in banks, other financial institutions or any third party with whom the tax debtor conducted business. It allows the taxpayer adequate time to make satisfactory arrangements with the Inland Revenue Department to settle the outstanding tax debt. It withholds a part of future wages or salary however it is not applied to salaries of $1000.00 or less.

WILL THE THIRD PARTY OWE THE TAX DEBTOR ONCE THE IRD DEBT IS PAID?

Once the third party pays the tax debt to the Inland Revenue Department the tax debtor cannot claim those funds as theirs.

WHEN DOES COLLECTION ENFORCEMENT ACTION BEGIN?

Collection enforcement action begins when a taxpayer fails to file their tax returns and fails to pay their taxes on or before the due dates.

WHAT HAPPENS WHEN YOU FAIL TO VOLUNTARILY PAY YOUR TAXES?

The Inland Revenue Debt Management Unit shall do all within its power to collect all taxes using progressive collection actions. The progressive collection actions that the Department shall employ are as follow:

• Request payment in full from taxpayers, taxpayer’s agent or executor of an estate.

• Negotiate collections payment arrangement plan.

• Set off taxes with income from other government departments.

• Issue third party demands notices, i.e. request payment from any person or institution that owes you money Place crown liens on taxpayers’ property.

• Liens are claims for tax debt that may be placed on the title of a property that must be paid when the property is sold.

• Enforce liens created on every tax debt at the time of assessment.

• Issue an intention to levy execution and a levy of execution (garnishee order) against taxpayer’s property.

NOTE: The intention to levy execution allows the Inland Revenue Department to inform a tax debtor of the Department’s intention to seize his bank account, receivables and or wages. The tax debtor is given at least thirty days to contact the Department before any action is taken regarding his/her property. Once the thirty days has passed and the taxpayer has failed to contact Department, an execution levy would be warranted.

Assets equivalent to the owing tax All Seize and sell goods and property that are not personal effects, furnishings and tools used in taxpayer’s trade, collect payment as a civil debt in court.

I OWE TAXES AND CANNOT AFFORD TO PAY THE BALANCE AT ONCE, CAN THE DEPARTMENT FACILITATE ME?

Yes, taxpayers are encouraged to schedule a meeting with a Debt Management Officer who will design a payment agreement.

WHO IS A DEBT MANAGEMENT & COMPLIANCE OFFICER?

The Debt Management and Compliance Officer helps delinquent taxpayers who are either in arrears or those that have not filed the mandated tax returns or remitted the associated payments. There are two sub-groups of Debt Management & Compliance Officers, one group works with late and non filers, while the other pursues payment.

TIPS
  • TIPS

    Use our E-services portal to beat the long lines which automatically extends your deadline to 11:59pm on the due date.

    Using our E-services portal allows you access all transactions made from the time the account was created, with no need to visit or call the Department!