Inland Revenue Division

St. George's, Grenada, 7th May, 2018: Minister of Finance Dr. the Rt.Hon. Keith Mitchell has pledged to stand with the Inland Revenue Division (IRD) to help solve some of the problems affecting them as he begins his new 5-year cycle as Minister of Finance.

 
PM Mitchell made this commitment when he met with IRD staff on Friday 4th May 2018, as part of his staff engagement initiative.
 
The staff engagement exercise is intended to create an open forum for staff to voice concerns and challenges and to solicit an exchange of ideas among management and staff.
 
Dr. Mitchell complimented the IRD for the role they continue to play in the collection of revenue. He identified the improvement in professionalism as one of the contributing factors for this accomplishment. He, however, encouraged them not to become complacent, but constantly strive to improve.
 
The staff was very open in expressing the issues and challenges of the division and in some cases sought the advice of the Finance Minister on the way forward.
 
Among the issues were incentives for staff who are going way beyond their call of duty and IT system upgrades.  The staff also highlighted the need for closer collaboration among Inland Revenue Division, Customs, financial institutions and other government agencies especially for tax collection purposes and for ease of doing business.
 
The PM agrees that the integration of government services is a key element for maximum revenue collection.
St. George's, Grenada, 7th May 2018: The Inland Revenue Division (IRD) of the Ministry of Finance and Energy advises the public of the following taxes that will be due and payable for the month of May 2018.
 
May 2nd          Income Tax Returns Due for Businesses with Fiscal Year Ending 31st January 2018
 
May 7th           (P.A.Y.E) Pay as you Earn and Withholding Tax Due and Payable
 
May 10th         Gaming Tax Due and Payable
 
May 15th         Deadline for payment on Motor Vehicle Licences
                       Vehicles Numbers 501—750 & 5001—7500
 
May 21st        VAT Value Added Tax and Excise Tax Return Due and Payable
 
May 29th         Income Tax Returns Due for Business with the Fiscal year ending February 28th, 2018
 
June 1st          (A.S.T) Annual Stamp Tax Installment
 
                       Corporation Tax & Personal Income Tax Installments Due
       
 
NB: When the due date falls on a Saturday, Sunday or Public Holiday, the next working day will be the due date for payment.
 
Persons are encouraged to file and pay all taxes on time to avoid penalties and interest.
Payments can be made at the Inland Revenue Division Cash Office, Ministry of Finance, any District Revenue Office or via eservices.gov.gd
 
For further information, please contact Mrs. Kareen Morain-Alexander, Public Relations Officer- Inland Revenue Division, Ministry of Finance and Energy at 435-6945/6, 435-1905 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..
 
 
Comptroller
Inland Revenue Division

 

St. George's, Grenada, 7th May, 2018: The Inland Revenue Division of the Ministry of Finance will be holding Outreach Offices, in parishes throughout Grenada.

The Outreach Office Initiative will commence from Friday, May 11th, 2018 in St David and will climax on Saturday, June 16th in St George’s.

 
The general public is encouraged to take advantage of the opportunity to:-
 
•    Make payment for all tax types
 
•    Register businesses
 
•    File objections for property tax
 
•    Obtain clarity/information on any tax-related matters

 

 

 

 

St. George's, Grenada, 15th March, 2018: The month of March is here and represents a major filing and payment period at the Inland Revenue Division. Companies whose fiscal year ended December 2017, sole proprietors and individuals earning over $36,000 per year are reminded to file and pay on time. 
 
These taxpayers have 90 days to file their Corporate Income Tax (CIT) Returns (Companies) and Personal Income Tax (PIT) Returns (Sole Proprietors and individuals), however due to the Easter holidays taxpayers are encouraged to file and pay before March 29th.
 
This is to avoid taxpayers from sending in their returns after the deadline which will result in a penalty of $500 of the amount of tax owing plus $100 for every month failure to file continues or 5% of the amount of tax owing plus 1% for every month failure to file continues, whichever is greater.
 
Business owners are also reminded that Annual Stamp Tax (AST) is also due and efforts should be made to file and pay before March 30th.
If you need any assistance to complete the filing process, please visit the Inland Revenue Division to receive assistance in doing so.
 
For further information, please contact Mrs. Kareen Morain-Alexander, Public Relations Officer – Inland Revenue Division, Ministry of Finance and Energy at 435-6945/6, 435-1905 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

IRD extends operating hours

 

St. George’s, Grenada, 12th February, 2018:The Inland Revenue Division (IRD) of the Ministry of Finance and Energy wishes to advise the public that its hours of operation has been extended ONLY for Thursday 15th February 2018 from 7.30am to 4pm.

 

This decision has been taken to facilitate the general public with paying Motor Vehicle License which falls due on the 15th February 2018.

 

The public is however advised to make all efforts to make the necessary payments before the due date to avoid a build-up of long lines at the IRD.

 

For further information, please contact Ms Kareen Morain-Alexander, Public Relations Officer of the IRD, at 435-1905 or 440-3556 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

 

Comptroller

Inland Revenue Division

NEWS RELEASE
MINISTRY OF FINANCE & ENERGY
Email: This email address is being protected from spambots. You need JavaScript enabled to view it./ This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.finance.gd / www.gov.gd
Phone: 1-473-435-0057 or 1-473-440-2731/4
Fax: 1- 473-440-4115
_______________________________________________________________________________________________________________________________________________________________________________________________________________________
 
NO. 84/2017                                                                                                                                                                                                                                                                     DATE: 24th January, 2017
 
GRENADA HOSTS REGIONAL SECURITY FOR AUTOMATIC EXCHANGE OF INFORMATION WORKSHOP
 
 
ST. GEORGE’S, GRENADA, WEDNESDAY, 24TH JANUARY 2017: Tax Representatives from seven regional islands including Grenada are attending a three day workshop on Security for Automatic Exchange of Information (AEOI) on Tax matters. Among the participants are Antigua and Barbuda, Barbados, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines and Montserrat.
 
The Workshop, hosted by the Commonwealth Association of Tax Administrators (CATA) and Inland Revenue Division, Grenada, opened on Monday 22nd January, 2018, at a brief ceremony at the Ministry of Finance Conference Room.
It’s a follow up to the Automatic Exchange of Information (AEOI) assessment and arranged by CATA in partnership with Her Majesty’s Revenue and Customs (HMRC) UK for the Global Forum in 2018.
 
Her Majesty’s Revenue and Customs Lead for Automatic Exchange of Information, Jon Swerdlow, who is also the Deputy Chair of CATA told participants at the opening that he looks forward to the success of the workshop since most of the hard work has already been done.
 
Mr. Swerdlow indicated that complying with the Common Reporting Standards (CRS) framework involves enacting or amending legislation, conducting staff training and implementing new IT procedures. The consequences of countries not complying can be quite serious, he noted.
 
The Comptroller of Grenada’s Inland Revenue Division, Michael Stephen, said, Grenada has spent a significant amount of its financial resources to meet the requirements set out by the Organisation for Economic Co-operation and Development (OECD) Common Reporting Standard. He indicated that Grenada has essentially complied with all the recommendations and requirements of that framework.
 
Discussions for the week are centered on security issues relating to Hurricanes & Disaster Recovery, Security Incident Management, Risk Management and Business Continuity.
Acting Permanent Secretary in the Ministry of Finance, Ms. Kim Frederick stated that the workshop is timely considering the recent devastation to islands in the region by Hurricane Irma and Maria. The PS looks forward to a successful reassessment at the end of this week’s session.
 
For further information, please contact Mrs. Kareen Morain-Alexander,
Public Relations Officer - Inland Revenue Division,
Ministry of Finance and Energy at 435-6945/6, 435-1905
or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..
 
Comptroller
Inland Revenue Division
_______________________________________________________________________________________________________________________________________________________________________________________________________________________
For more information on this News Release contact: Corporate Communications Officer
Ruth Jacob-Roberts (MA): email: This email address is being protected from spambots. You need JavaScript enabled to view it. Ext: 31151
ST. GEORGE'S, GRENADA, Thursday 4th January, 2018: The Inland Revenue Division (IRD) of the Ministry of Finance and Energy advises the public of the following taxes that will be due and payable in the month of January, 2018.
 
ST. GEORGE’S, GRENADA12th October, 2017. The Inland Revenue Division (IRD) of the Ministry of Finance and Energy has completed a series of training for its staff and representatives of Grenada’s Financial Institutions (FIs) in preparation for the implementation of United States of America – Grenada Foreign Account Tax Compliance Act (FATCA), 2017.  
 
FATCA is an IRS compliance measure geared towards combating tax evasion by US taxpayers holding assets in non-US financial accounts and institutions.
 
The IRD is the competent authority responsible for facilitating this process. The Inter-Government Agreement between the US and Grenada was signed in November 2016 and the Legislation for its enforcement, on 29th September 2017 by Minister of Finance, Dr. the Rt. Hon. Keith Mitchell.
 
FATCA requires Financial Institutions (FIs) to perform the following through the competent authority (IRD):
 
  • Report to the US Internal Revenue Service (IRS) information on assets of US$50,000.00 held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold substantial (greater than 10%) ownership interest
  • Review Pre-existing Individual Accounts as of June 30, 2014, that exceeds US$50,000 (US$250,000 for a Cash Value Insurance Contract or Annuity Contract), and
  • Conduct enhanced review procedures for pre-existing individual accounts that exceeds US$1.0M as of 30 June 2014
 
Failure of a FI to comply can result in 30% Withholding Tax and the possible loss of correspondent banking relationship with the United States.
 
The training includes the use of the electronic platform for reporting by the Financial Institutions and the review of obligations for both the IRD and the Reporting Financial Institutions.
 
The (FIs) included banks, funds, insurance companies, trusts, private equity companies and special purpose entities.
 
For further information, please contact Mrs. Kareen Morain-Alexander, Public Relations Officer- Inland Revenue Division, Ministry of Finance and Energy at 435 - 6945/6, 435 - 1905 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

ST. GEORGE’S, GRENADA, Friday, October 27, 2017: The Minister of Finance and Energy, Dr. the Rt. Hon. Keith Mitchell, will present the 2018 Budget on Monday 27th November, 2017, at the Grenada Trade Centre, St. George’s, commencing 10:00 am. 
  
The theme for the 2018 Budget is: ““Safeguarding Our Gains and Continuing Our Progress” 

The theme focuses on protecting the macro-economic gains made in the past few years. It also looks forward to continued progress on that solid foundation.

During his presentation, the Prime Minister will highlight the major achievements for 2017 and detail Government’s Plans and Programs for 2018 and beyond.

As part of the preparation process, the Ministry of Finance and Energy, held Consultations with all Ministries, Government Departments, and other stakeholders including Civil Society, the Labour Unions, the Business Community, selected interest groups including Farmers, Agro-processors, Fisher-folk and for the first time, a Youth Consultation was held to garner the views of the young people.

The Budget Presentation is a National Exercise; therefore the General Public is invited to be a part of the Audience at the Trade Centre on 27th November,  2017 beginning from 10:00 a.m. Persons should be seated by 9:30 a.m., dressed in formal/business attire.

ST. GEORGE'S GRENADA, Tuesday, December 6th, 2016: : The Government of Grenada formally signed the Inter- Governmental Agreement under the Foreign Account Tax Compliance Act (FATCA) with the United States (US), on Tuesday, November 29th, 2016. 
 
The US Government enacted FATCA, on March 18th 2010,  to combat tax evasion by specified US persons holding investments in accounts outside of the US, specifically as it relates to US-sourced income. FATCA requires Foreign Financial Institutions (FFIs) to report to the US Internal Revenue Service (IRS), information on assets of US$50,000 or more held by US taxpayers, or by foreign entities in which US taxpayers hold substantial ownership interest. 
 
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District Revenue Offices

  Sauteurs, St. Patrick:   
 +1 (473) 442-9324
 
  Grenville, St. Andrew:  
 +1 (473) 442-7446/6904
 
  Gouyave, St. John:  
 +1 (473) 444-8231
 
  Victoria, St. Mark:  
 +1 (473) 444-8425
 
  St. David:  
 +1 (473) 444-6243
 
  Carriacou:  
 +1 (473) 443-7388
 

Additional Contacts

Eservices:
Telephone: 1 (473) 435-0223 / 435-1905
Toll Free: 1 (855) 835-1498
Email: etaxhelpdesk@ird.gd
E-services: eservices.gov.gd

Opening Hours

Monday - Friday:

Cash Office:
Monday - Friday:
8:00am to 4:00pm


8:00am to 3:00pm
 

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