BEGINS
PRESS RELEASE
BUSINESS LICENSE WRITE-OFF
The Ministry of Finance would like to inform the public that the House of Assembly at its sitting on 13th December, 2021 passed Government Resolution No. 3 of 2021- Write Off of Business License Arrears (Penalties) in the following categories:
|
Category |
ID |
Activity |
|
Automotive |
106 |
Motor Vehicle Rental |
|
Agriculture, Manufacturing & Processing |
136 |
Native Art and Craft Specialty Stores (Wholesale/Retail) |
|
Personal Care Services |
352 |
Hair Braiding (Beach) |
|
179 |
Spa/Massage Parlors and Body Works |
|
|
Transportation Services |
185 |
Bus Services – Mass Transport |
|
193 |
Taxi Services |
|
|
196 |
VIP Transport |
|
|
Entertainment, Recreation and Events |
226 |
Event Planning and Coordination |
|
Tourism, Real Estate & Hospitality Services |
242 |
Eco-Heritage Tours and Camping Site Operations |
|
248 |
Land Based Tour Operation |
|
|
256 |
Provision of Tourism Services - Other |
|
|
357 |
Water Sports |
|
|
358 |
Water Sports Equipment Sales and Rentals |
|
|
263 |
Water Tours – Less than 30ft. (Per boat) |
Businesses located on the Island of Grand Turk that fall within the aforementioned categories, are encouraged to visit the Inland Revenue Department (“IRD”) at Hibiscus Square to remit payment on their outstanding licensing fee only or alternatively to advise of the current status of their business.
Note that the penalty write-off is only for the period until 31st December, 2021; penalty will therefore begin to once again accrue on 1st January, 2022.
For more information, please contact the Inland Revenue Department.
END
