The tax amnesty has been extended to August 2nd, 2025.
Minister of Finance Davendranath Tancoo says the necessary Orders to extend time have been published as Legal Notices.
The public is reminded that the Tax Amnesty covers penalties and interest on various tax payments for the year of income ending December 31st, 2023.
These include Individual Income Tax, Pay-as-You Earn (PAYE), Health Surcharge, Value Added Tax (VAT) Petroleum Profits Tax (PPT), Supplemental Petroleum Tax (SPT) Corporation Tax, and Stamp Duty among others.
Where a taxpayer/employer fails to pay his outstanding tax/contributions during the Tax and National Insurance Amnesty, the penalties and interest payable shall be revived and become payable as if the waiver had not been granted.