News

Filing of Individual Income Tax Returns

17th January 2012

The department takes this opportunity to advise all individuals that the due date for filing of the Individual Income Tax Returns is February 28th, 2012. Individuals are also reminded of the need to declare in their return income from all sources. In regards to the allowances namely, Life and Health Insurance Premiums, Social Security Payments, […]

Filing of Individual Income Tax Returns

27th January 2011

The department takes this opportunity to advise all individuals that the due date for filing of the Individual Income Tax Returns is February 28th, 2010. Individuals are also reminded of the need to declare in their return income from all sources. In regards to the allowances namely, Life and Health Insurance Premiums, Social Security Payments, […]

2010 Property Tax Auction Sale List

10th September 2010

Customers who have an interest in purchasing property must be mindful that properties which are placed for Auction Sale pursuant to Section 54 of the Property Tax Act, may be taken off the list as property owners can seek to have their property liabilities paid up to the schedule time prior to the sale. 2010 […]

Tax Arrears Negotiation Officer

24th August 2010

The Government of Montserrat has employed a Tax Arrears Negotiation Officer to recover outstanding Income and Corporation Taxes in arrears in respect of Tax Payable for years up to Income Year 2007. During the period of his employment individuals with particular taxes in arrears will be able to negotiate payment with the Tax Arrears Negotiation […]

2010 Property Tax Bills Issued

23rd August 2010

    The 2010 Property Tax bills were issued by the Inland Revenue Department on Monday 9, 2010.  Property Owners and Agents are therefore advised that if they have not received their bill(s) that they should contact the Inland Revenue Department where our officers will carry out the necessary review of records and advise on […]

Tax Amnesty

21st April 2010

The 2008 Tax Amnesty effectively came to an end on March 31st, 2010. Persons who entered into agreement with the Comptroller under the tax amnesty were expected to complete all payments by the March 31st date in order to benefit from the concession.  Given that the Tax Amnesty is no longer applicable, this therefore means […]

Education Drive to Foster Voluntary Compliance

21st April 2010

The Inland Revenue Department is presently utilizing the media and other forums for reaching its audience in the pursuit of educating our customers on taxation matters to include taxpayer obligations, rights and general tax information.   To this end we have used the Peoples Show hosted by Mr. Justin “Hero” Cassell as the main medium for […]

TAX CALENDAR – 2010

12th February 2010

TAX CALENDAR – 2010 (Due Dates for Return Filing & Payments) January 15th 31st – – PAYE – December 2009 Employer filing – IRD 5 & IRD 6 February 15th 28th – – – PAYE – January 2010 Individual Income Tax Return filing Provisional Installment Payment March 15th 31st – – PAYE – February 2010 […]

Restructuring at the Inland Revenue Department

7th April 2009

Inland Revenue Department was recently restructured to reflect operations on a functional basis. This is in keeping with international trends. The four key functional areas are: Assessment and Compliance Valuation Services Audit Taxpayer Service and Administration .

Changes to Income and Property Tax Acts

7th April 2009

In 2007 a number of changes were made to the two main legislations administered by this department, that is, the Income Tax Act and now the Income and Corporation Tax Act and the Property Tax Act. Some of the amendments were to reflect changes in government’s tax policies, to make the law clear and to […]