Press Release

Collection & Display of Business License Certificates

The Revenue Department would like to remind the business community that Business License Certificates must be promptly collected at the Revenue Department Offices ten(10) business days after payment has been made. Therefore, all outstanding certificates that were paid for beyond the stipulated ten(10) business days must be collected forthwith.

Licenses should be collected and displayed conspicuously at your place of business as stipulated by section 16(1) of the Business Licensing Ordinance.

Persons failing to display or produce a valid business licence are subject to closure as stipulated in section 16(2) of the Business Licensing Ordinance and is simultaneously committing an offence which under the provisions of 16(3) of the Business Licensing Ordinance is subject to a $1,000 fine.

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

BUSINESS LICENCE RENEWAL PROCESS – 2021/22

The Revenue Department would like to remind the general public that the 2021/22 Business Licence Renewal period commenced March 1st 2021. To assist with expediting the renewal process, Customers should take note of the following:

  • Registered companies are required to submit a copy of their register of members/shareholders and demonstration of good standing with the Financial Services Commission with their application for renewal.
  • Sole traders and partnerships must present a valid Business Name Registration Certificate from the Financial Services Commission along with their application for renewal.
  • Establishments requiring annual inspections from the Environmental Health or an Accommodation Licence are reminded to seek inspection ahead of the renewal deadline. Applications will not be accepted until all relevant information is received.  The Revenue Department reserves the right to request further documentation and conduct inspections.
  • Application and payment for renewals must be made on or before April 30th 2021 to avoid penalties.

Licence Holders are encouraged to utilize our new E-Services platform to renew their business licence in efforts to skip the lines at our branches and facilitate social distancing in our fight against the Covid-19 pandemic. The E-Services platform can be accessed via the following website: https://busreg.gov.tc/busreg/   or through the Revenue Department’s website: http://www.gov.tc/revenue

The Revenue Department (RD) would also like to remind the general public that Business Licence Certificates must be promptly collected at the Revenue Department Offices. Business Owners are urged to collect and display their Business Licences prominently in the place of business. This is in accordance with section 16 of the Business Licence Ordinance which states:

 “The Holder of a licence shall display the licence in a conspicuous place on any premises occupied by him for the purpose of carrying on business and shall produce such licence for inspection when requested to do so by the Permanent Secretary, Finance or a person authorized by him in that behalf, or a Police Officer not below the rank of Sergeant.”

A Business Owner may be liable for a fine of $1000, if he or she fails to properly display the business licence within his/her business.

Business Licence holders are hereby urged to collect outstanding licences immediately. Please contact the Taxpayer Services Section for further information.

“End of Business Licence Renewal Period”

The Revenue Department would like to remind the business community that Business Licence Renewal Period for 2021/22 is nearing its end.  Payment for renewal must be made on or before Friday, April 30th, 2021 to avoid penalties of 10% per month.

As of Monday, April 26th, the Revenue Department will only be accepting applications for Business Licence Renewals.  No first-time applications will be accepted until May 3rd 2021.

Businesses that ceased to operate and held a Business Licence for the previous period 2020/2021, are required to notify the Revenue Department immediately to avoid penalties.

All businesses that made changes to their business structure, location, etc. must give written notice to the Revenue Department.

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

 

“Hotel, Restaurant & Tourism Tax Waiver”

The TCI Government recently announced a number of measures in response to Covid-19 which was contained in its Covid- 19 Stimulus Package.

Under the Emergency Powers (COVID-19) (Economic Relief Measures) Regulations 2020 (hereinafter the Regulations), provisions were made to waive the Hotel, Restaurant & Tourism Tax (HRTT) for the month of March 2020 which was due in April 2020.

This waiver was contingent on taxpayer providing the following documentation:

  1. Completed Tax Waiver Request (TWR-2020) form;
  2. Proof that a remittance of tax for February was made during March 2020; and
  3. Proof of the number of employees currently on full pay, terminated or on reduced hours.

The public is hereby advised that the deadline for HRTT waiver submissions, and accompany documentation, is Monday 25th May 2020 at 4:00 pm.

All waiver requests should be submitted to the Revenue Department via the email to This email address is being protected from spambots. You need JavaScript enabled to view it..

The Revenue Department wishes for you to remain safe during this time and looks forward to your continued cooperation.

The Department is available to answer any queries and can be contacted at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Revenue Department

                                                                                                    

    Website: http://gov.tc/revenue

REVENUE DEPARTMENT RE-OPENS

Taxpayers and Customers are hereby advised, that in accordance with Phase 1B of the Turks & Caicos Islands Phased Reopening Strategy, the Revenue Department is schedule to resume services as of Monday, May 11th, 2020 from 9:00am to 2: 00pm weekdays.

We know this is a challenging time and taxpayers may feel anxious or worried about visiting our establishment. We want to assure you that the Revenue Department has taken the necessary precautionary actions to enable us to serve you during this unprecedented time.

The health of our staff, customers, taxpayers and visitors is our stop priority.  This includes taking steps consistent with the Ministry of Health guidelines for everyone who enters our establishment. Additionally, all our Offices have undergone deep cleaning and sanitization to ensure the safety of our employees and Customers alike.  As we collectively do our part to prevent and control the spread of Covid-19, the General Public will be subject to additional directives upon re-opening.  Our precautionary measures are as follows:

  • The Revenue Department will only receive four (4) customers at a time to our Providenciales office.
  • Two (2) persons at a time to our Grand Turk office;
  • Any person wishing to gain access to any Government office is required to wear a mask; and
  • There must be at least six (6) feet in distance from any other person using the floor spacing indicators inside and outside of the Offices.

Customers are still encouraged to utilize electronic measures provided by the Revenue & Accountant General’s Department or check dropping services.  Forms can be obtained from the Revenue Department’s website http://www.gov.tc/revenue and submitted electronically to the Department’s email This email address is being protected from spambots. You need JavaScript enabled to view it. to obtain a receipt for payment.  Inquiries can also be made via email prior to visiting the Offices.

 

Website: http://www.gov.tc/revenue

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

COVID-19 UPDATE