News
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Adjustments to the Board of Inland Revenue Services in light of the COVID-19 Pandemic
In light of national guidelines recently issued to safeguard the health and safety of the nation’s citizenry in relation to the global COVID-19 pandemic, the Board of Inland Revenue (BIR) … more
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Inland Revenue Division Introduces New Service To File Returns Online
Effective February 1st 2020, the Inland Revenue Division (IRD), will be introducing a new service that allows VAT and PAYE taxpayers to file their tax returns, on its e-Tax platform, without … more
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Closure of Cashiers' Units - End of Year 2019
The Board of Inland Revenue wishes to advise the public that Cashiers' Units will be closed on:
Tuesday December 24th, 2019 at 11:00 A.M.
Wednesday December 25th, 2019 … more
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General Guidelines for Severance & Gratuity
Contract Gratuity Payments
Tax Rate – 25% up to $1,000,000; 30% in excess of $1,000,000
No exemptions
No tax returns required for the processing of Contract Gratuity
Where there is an … more