End of Business Licence Renewal Period

The Inland Revenue Department (IRD) and the Ministry of Finance, Investment and Trade would like to remind the business community that business licenses for the period 2021/2022 expire on 31st March, 2022, as such all licenses must be renewed by or before Friday, April 29th, 2022. Failure to renew licenses for the upcoming period 2022/2023 will result in the imposition of 10% penalty per month. Note that during the renewal period the IRD will only process renewals, no first-time applications will be processed.

Taxpayers are reminded of the following obligations under the Business Licensing Ordinance (Ordinance):

  • Section 8 requires that taxpayers are to notify the IRD within 30 days of any change in the business structure i.e. location etc.; and
  • Section 9 requires that businesses that have ceased operations are required to provide notification to the IRD within 30 days of the cessation. Failure to do so will result in the business remaining active in the system and accruing

For more information, please visit the Inland Revenue Department at www.gov.tc/revenue or one of our offices in Grand Turk, Providenciales, or the District Commissioner’s Offices in the Family Islands.

 

                                                                    Inland Revenue Department

Butterfield Square                                                                                                                    Hibiscus Square
Providenciales                                                                                                                          Grand Turk

Tel: 649-338-5234                                                                                                                    Tel: 649-338-2061
Fax: 649-941-8649                                                                                                                    Fax: 649-946-2686

                                                                    Website: http://gov.tc/revenue

                                                              Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

                                                                Facebook: TCIRevenuedepartment

 

GRAND TURK BUSINESS LICENSE WRITE-OFF 2021

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

Temporary Closure - Providenciales Revenue Department

 

The Revenue Department wishes to advise the general public that the work operations of the Providenciales Inland Revenue Department Office will be suspended on Friday, 22nd October 2021. As a precautionary measure and in observance to the prevailing Covid-19 protocols, the Inland Revenue Department Office will undergo deep cleaning and sanitization.

 

Normal operation will resume on Monday October 25th 2021 at 8:30am. However, the department will continue to provide limited services through the This email address is being protected from spambots. You need JavaScript enabled to view it. email.

 

The Inland Revenue Department apologizes for this inconvenience and looks forward to serving you in the future.

 

For more information, please visit the Revenue Department website at http://gov.tc/revenue

 

ENDS

 

 

Government Press Office

Waterloo Road, Grand Turk

Turks & Caicos Islands

Tel: (649) 338-3923

Ext: 3923/5836

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Web: gov.tc/pressoffice

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