The Inland Revenue Department (IRD) in the Ministry of Finance, Investment & Trade hereby advises the business community and the wider public, that business licenses for the financial year (FY) 2022/2023 will expire on 31st March, 2023. To assist with expediting the renewal process, Customers are urged to take note of the following: Registered...

The Inland Revenue Department (“IRD”) hereby advises the business community and the wider public of the amendments made to Schedule 2 of the Business Licensing Regulations in 2014 and 2015 which provides for the classification of business activities and the corresponding fee schedule. As the IRD continues to carry out its reclassifications...

The Inland Revenue Department (IRD) in the Ministry of Finance, Investment & Trade would like to advise the business community and the wider public, that the approval process for Restricted Business Licence activities has been amended. The Business Licensing Regulations previously required the Permanent Secretary, Finance to consult with Cabinet...

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...