News
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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