Gov’t to go to parliament to waive penalties and interests on taxes owed to the state

by: - September 29, 2020
108 Views   no discussions

The Government of Dominica will soon head to parliament to waive the penalties and interests due on all forms of taxes owed to the state.

That’s according to Prime Minister Roosevelt Skerrit.

During the 2020/21 budget address, Skerrit applauded all Dominicans who are diligent and who continuously pay their taxes, and do so on time.

However, with the advent of COVID-19 and the effects it has had on Dominica, the Government decided to grant a tax amnesty.

That tax amnesty commenced August 1st, 2020, and to climax November 30, 2020.

“In the budget which was just passed, we made a number of announcements and an articulated number of policy initiatives. One, we have put in place an amnesty for those who owe taxes, all form taxes, including VAT, to wave the penalty in interest on this,” Skerrit said.

“The current law doesn’t allow the government to do so but we are going to parliament to allow this to happen. We’re hoping that people can take advantage of this opportunity to save themselves the payment of huge sums of interest and penalties,” he added.