News
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Closure of Cashiers' Units - End of Year 2020
The Board of Inland Revenue wishes to advise the public that Cashiers' Units will be closed on:
Thursday December 24th, 2020 at 11:00 A.M.
Friday December 25th, 2020
Thursday … more
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Tax payments of $100,000 and over via TransACH & safe-tt now available
In pursuit of expanding options for contactless payment of taxes, the Board of Inland Revenue (BIR) will now accept payment of taxes via TransACH for transactions between $100,000.00 and $499,999.99 … more
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Closure of Offices
The Board of Inland Revenue (BIR) wishes to advise the public of its offices that will be closed on April 6th, 2020.
Inland Revenue Division (IRD) Tower - Ajax Street, Port of Spain
South … more
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IRD’s Non-Logged In Service Now Available To All Taxpayers
All taxpayers can now use the IRD’s ‘Non - Logged in Service’, as a second option, to file their returns online, via e-tax. This service was made available to VAT and PAYE taxpayers … more
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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
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New Stamp Duty Rates from October 1st, 2008
WITH EFFECT FROM OCTOBER 1ST 2008, the stamp duty applicable on deeds executed for the transfer of residential properties will be as follows –
RESIDENTIAL PROPERTY (including dwelling house) … more