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| Corporate Tax |
Cap 312 (33)(80) |
| Personal Income Tax |
Cap 312 (7) (8) (33) (80) |
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| Withholding Tax |
Cap 312 (66) |
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Lottery Tax
Section 79 A-D
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SR&0 44/04 |
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| Property Tax |
Cap 260 & Cap 316 |
| Estate & Succession Duty |
Cap 380 |
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| International Telecommunication |
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| Surcharge |
Cap 315 |
| Travel Tax |
Cap 319 |
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| Insurance Premium Tax |
Cap 313 |
| Hotel Tax |
Cap 338 |
| Entertainment |
Cap 263 |
| Telecommunication Surcharge |
SR&0 44/04 |
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| Liquor Licence |
Cap 342 |
| Driver’s Licence |
Cap 355 |
| Vehicle Licences |
Cap 355 |
| Professions Licence |
Cap 271 |
| Banking Licence |
Cap 75 |
| Gaming Fees/Licences |
Cap 276 |
| Petroleum Licence |
Cap 344 |
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| This tax is charged on all income received by a Corporation from sources in or out of St. Vincent and the Grenadines. The due date for filing Return of Income for Corporations is three (3) months after the end of their financial year. Penalty charged for late submission is $20.00 each month the default continues. |
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| This tax is charged on all income received by a resident from sources in or out of St.Vincent and the Grenadines. The due date for filing Personal Income Tax Returns is 31st March. Penalty charged for late submission is $20.00 each month the default continues. |
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| Pay As You Earn is income tax deducted or deductible from employment earnings. This deduction is made in accordance with the tax tables. The employer should remit tax by the 15th of the following month. Interest of 1.5% per month. |
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This tax is paid in four (4) instalments. It is payable by every taxpayer except those having employment income ONLY, which is already subject to PAYE deduction and non-resident people who are liable to pay Withholding Tax. The due dates for payments are:-
Individuals
30th June, 30th September, 31st December and 31st March.
Corporations
| 1st Installment |
- 6th month of the income year |
| 2nd Installment |
- 9th month of the income year |
| 3rd Installment |
- 12th month of the income year |
| 4th Installment |
- 3 months after the income year ends |
Interest of 1.5% per month is charged on late payments.
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| This tax is charged on payments made to non-residents. Residents collecting on behalf of non-residents would remit the amounts due to the Inland Revenue Department.
The rate of this tax is:-
| Property Rental |
10% |
| Any other payments |
20% |
Due date is the 15th of the following month. Interest of 1.5% per month is charged on late payments.
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| This is a tax charged on all prizes, winnings and winning tickets in excess of $500 and is collected by the National Lottery. The rate of tax is 10% and is remitted to the Inland Revenue Department by the 15th of the following month. Interest of 1.5% is charged on late payment. |
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| Taxes on all lands and houses which are situated outside the limits of any town or village. The payable date is between 1st July and 30th September. The fine for late payment is 10% per annum. |
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| This is a tax upon the bequest that a person may make his/her will to a living person or organisation. Family Home and Estate and Succession Duty are exempted from payment. |
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| This is a tax charged in respect of international telephone calls, telegraph and telex operations. The rate of this tax is 10%. This is collected by the telecommunications providers and remitted to the Inland Revenue Department by the 15th of the following month. Interest of 1.5% per month is charged on late payments. |
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| This is a tax charged on the cost of each ticket purchased or fare paid for International Travel originating from St. Vincent and the Grenadines. The rate of payments is 5% of the cost of the ticket or fare. This tax is collected by the Travel Agent or carrier on behalf of the Government. The due date is the 15th of the following month. Interest of 1.5% per month is charged on late payments. |
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| This is a tax collected on premium income of insurance companies (both Life and General Insurance). The due date is the 15th of the following month. Interest of 1.5% per month is charged on late payments. |
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| This is a tax charged on the value of Accommodation and Refreshment provided by a Hotel. The rate of this tax is 7%. The manager or owner of the hotel is responsible for collecting and remitting this tax to the Inland Revenue Department. The due date is the 15th of the following month. Interest of 1.5% per month is charged on late payments. |
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This is a licence authorising the holders to sell, expose for sale or dispose of any intoxicating liquor. Liquor licences are paid quarterly. The due dates for payments are:-
| 1st quarter |
31st December |
| 2nd quarter |
31st March |
| 3rd quarter |
30th June |
| 4th quarter |
30th September |
A penalty of $20.00 is charged for any payment made after the due date.
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| A licence authorising the holder of a driving permit to drive a Motor Vehicle on the road. It is payable on or before your birth date. Annual Fee is $60.00 and a three (3) year licence is $180.00. |
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A licence issued under the Motor Vehicle Act authorising the holder of a licence (of a designated class) to operate a Motor Vehicle (of a category designated for that class) on the road. The due dates for payments are:-
| Annual & 1st Half Year |
1st November -31st December |
| 2nd Half Year |
30th June |
The penalty on late payment is 10%.
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| This is a fee levied on members of certain professions including medical practitioners, barristers and solicitors and building contractors. A list of all relevant professions can be found in CAP 271. The due date for payment is 31st December. |
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| This is a licence issued to operate banks and other financial institutions in St. Vincent and the Grenadines. The due date for payment is 31st December. |
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| These are collected under the Gaming Fees and Licences Act. Payment is due the first day of each quarter in addition to $1500.00 per quarter for each slot machine. |
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