Reminders

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"

......................................................

 

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.

......................................................

 

Liquor Licence

The St.Kitts and Nevis Government has suspended all Liquor Licence renewals until further notice.

......................................................

 

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.

......................................................

 

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.

......................................................

 

PROPERTY TAX REVIEW BOARD (THE PROPERTY TAX ACT 13 OF 2006)

The makeup of the board is specified in (Section 80 - 96 ) the Property Tax Act 13 of 2006. It consists of five (5) members:

80.(1).  There is hereby established a Valuation Review Board consisting of at least five members appointed by the Minister.”

“80.(2). The Minister shall endeavour to appoint one or more persons who have knowledge of real estate or real estate law, such as a lawyer, real estate agent, judge or magistrate.
“80.(5).  The Minister may appoint a person who is eligible to be a member to act in place of a member who is absent.”

“81.(1). The Minister shall designate the Chairperson of the Board.”

“84.  A majority of the members of the Board constitutes a quorum.”

“85.  A decision of a majority of the members of the Board is the decision of the Board.”

The Property Review Board has many powers including the right to have persons testify if the need arises.

“90.(1) When, in the opinion of the Board or the Chairperson -

(a)  the attendance of a person to give evidence is required; or

(b) the production of a document or thing is required, the Board or the Chairperson may cause a notice to attend or a notice to attend and produce a document or thing to be served on the person in any manner in which a subpoena may be served in accordance with the Eastern Caribbean Supreme Court Civil Procedure Rules 2000 or any other law.

The Board will set a date and time for the hearing of your case.  If you fail to attend the session, the hearing may proceed without you.  After reviewing the facts of the case, the Review Board has the power to raise or lower the value assigned to the property.  The Board must make a decision within forty-five days, unless otherwise granted an extension by the Minister.

TIPS
  • Taxable entities and individuals are reminded that all documents are to be kept for a period of 6 years. Approval must be granted by the Comptroller for earlier disposal of the same.