Following the recent passage of Hurricane Fiona in the Turks & Caicos Islands, the Inland Revenue Department (“IRD”) would like to advise the business community and general public, that the office will remain closed today. Therefore, the deadline for the following tax payment has been extended to Friday, September 23 rd 2022: Hotel, Restaurant &...

The Inland Revenue Department (“IRD”) would like to provide a final reminder to the business community that the extension Business Licence Renewal Period for 2022/23 ends on June 30 th , 2022. Payment for renewal must be made on or before Thursday, June 30th, 2022 to avoid penalties of 10% per month. Similarly, June 30 th , 2022 marks the end of...

The Revenue Department would like to remind the business community that the extension Business Licence Renewal Period for 2022/23 is nearing its end. Payment for renewal must be made on or before Thursday, June 30th, 2022 to avoid penalties of 10% per month. Similarly, June 30 th , 2022 marks the end of the Amnesty which permits licence holders...

MINISTRY OF FINANCE, INVESTMENT & TRADE PLACES A CONDITIONAL MORATORIUM ON THE ISSUANCE OF BUSINESS LICENSES IN THE CONTRACTORS CATEGORY The Turks & Caicos Islands Government in an effort to undertake a comprehensive assessment of the contractors licensing category, has placed a six (6) month moratorium on the issuance of all new business license...

PUBLIC NOTICE ‘Business Licence Amnesty Period for the Waiver of Penalties’ The Inland Revenue Department (IRD) within the Ministry of Finance, Investment & Trade would like to inform the public that the House of Assembly at its sitting on 28 th March, 2022 passed the Business Licensing (Fees and Penalties) (Amnesty) Ordinance 2022 (hereinafter...