Tax Residency in Saint Vincent and the Grenadines
One hundred and eighty-three days in the basis period makes you resident, and so does keeping a permanent place of abode here and being physically present at all during the year. The two tests do not have the same consequence, and that is the part no guide carries. A resident is charged on income from all sources, in or out of the country - but a person who is resident without being ordinarily resident is charged on foreign income only to the extent it is received here. "Ordinarily resident" is defined by the permanent-abode limb alone, so someone who qualifies purely by counting days is on a remittance basis. Pensions, wherever earned, are exempt up to EC$20,000 a year. The rates printed in the Act are those of 1 January 2009 and three of them have since moved.
At a glance
- Day-count test
- 183 days in the basis period
Section 2(1), definition of "resident in Saint Vincent and the Grenadines", paragraph (a)(ii).
- Alternative test
- A permanent place of abode plus any physical presence in the basis period
Paragraph (a)(i). Absence for the whole period is forgiven only for education, medical treatment, Government duties or a Government sponsored labour scheme, and only if the Comptroller is satisfied.
- What a resident is charged on
- All sources, in or out of the country
Section 8(1)(a).
- What a resident who is not ordinarily resident is charged on
- Foreign income only as received here
Section 8(2). Because "ordinarily resident" is defined by the permanent-abode limb, a person who becomes resident by counting 183 days and keeps no permanent abode is taxed on foreign income on a remittance basis.
- Pension exemption
- EC$20,000 a year, local or foreign
Section 14(u), in force from the income year 1986 and capped at twenty thousand dollars a year by the proviso.
- Standard deduction
- EC$25,000 for 2024 and 2025
The Inland Revenue Department's published table. The Act prints eighteen thousand dollars and the Finance Act 2023 substituted twenty-two thousand; the step to twenty-five thousand is published by the department and we did not find the instrument behind it.
- Corporate rate
- 28%
The Inland Revenue Department's current figure. The Act's Fifth Schedule prints 32.5%.
- Withholding tax on services to non-residents
- 20% standard, 10% on rental, 15% for CARICOM royalties, interest and management fees
- Filing date
- 31 March following the calendar year
The Inland Revenue Department states it as on or before the 31st March following the calendar year in which the income was earned.
Requirements
- To be resident: a permanent place of abode in Saint Vincent and the Grenadines plus some physical presence in the basis period, or 183 days of physical presence, or a period continuous with a qualifying period in the preceding or succeeding year
- To be ordinarily resident: the permanent place of abode limb specifically
- Returns for a calendar year are filed and the tax paid on or before 31 March of the following year
In detail
Two tests for residence, and only one of them is ordinary residence
The definition in section 2 has three limbs. A permanent place of abode here plus any physical presence in the year; one hundred and eighty-three days of presence; or a shorter period that runs continuously into a qualifying period in the year before or after. Any of them makes a person resident. But "ordinarily resident" is defined separately and narrowly: it means resident within the meaning of the first limb, the one about a permanent place of abode. Someone who spends six months a year here in rented or hotel accommodation and keeps no permanent abode is therefore resident and not ordinarily resident, and section 8(2) then charges their foreign income only to the extent it is received in Saint Vincent and the Grenadines. That is a remittance basis hiding inside an ordinary worldwide-income statute, and it is a materially different answer from the one the Inland Revenue Department's summary of personal income tax gives.
Pensions are exempt to twenty thousand dollars, wherever they come from
Section 14(u) exempts the income on all pensions, including social security payments, whether earned locally or abroad, with effect from the income year 1986. The proviso caps the exemption at twenty thousand East Caribbean dollars a year; anything above that is taxed, after the deduction in section 47(1)(b). Twenty thousand East Caribbean dollars is about seven and a half thousand United States dollars, so the exemption covers a modest pension entirely and takes the top off a larger one. It is in the Act rather than in a retirement scheme, which means it applies to anyone who is resident, however they came to be here.
The printed rates are those of 1 January 2009
The Income Tax Act as published by the Inland Revenue Department is Chapter 435 of the Laws of Saint Vincent and the Grenadines, carrying amendments down to Act No. 2 of 2009, and its own notes on omitted subsidiary legislation state the law as it stood on 1 January 2009. Since then the Finance Act 2023 cut the band from $10,001 to $30,000 from 30% to 28% and raised the section 47 allowance to twenty-two thousand dollars, and the department now publishes a standard deduction of twenty-five thousand and a company rate of twenty-eight per cent against the Act's printed thirty-two and a half. The 2023 Act reached the company rate by deleting a figure of 30%, which the Act as printed does not contain - so at least one further amendment stands between the two, and it is one we have not read.
Exceptions by origin
No exceptions recorded
Nothing we have read treats any nationality differently for this topic. The rule above applies to everyone.
What the law says
«(a) in the case of an individual, includes a person—
(i) whose permanent place of abode is in Saint Vincent and the
Grenadines and that he is physically present therein for some period
of time in the basis period for that year of assessment, unless the
Comptroller is satisfied that his absence throughout the whole of the
basis period was for the purpose of education, medical treatment,
the performance of duties on behalf of the Government or under a
Government sponsored labour scheme,»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The abode limb. It is also the limb that makes a person ordinarily resident, which is what section 8(2) turns on.
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Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
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«(ii) who is physically present in Saint Vincent and the Grenadines for not
less than one hundred and eighty three days in the basis period for
that year of assessment, or»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The day-count limb, on its own sufficient for residence and not sufficient for ordinary residence.
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Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«**“ordinarily resident”,** in relation to an individual, means a person who is a
resident within the meaning of paragraph (*a*)(i) of the definition of “resident in Saint
Vincent and the Grenadines”;»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The whole definition, and the hinge of the charging rule: ordinary residence is the abode test and nothing else.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
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«(1) The assessable income of a taxpayer shall be—
(a) where the taxpayer is a resident, subject to subsections (2) and (3), all
amounts ascertained in accordance with Part IV, accrued directly or
indirectly from all sources whether in or out of Saint Vincent and the
Grenadines; and»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
Worldwide income for a resident, expressly subject to subsection (2).
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Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
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«(2) Where an individual is a resident but—
(a) is not ordinarily resident; or
(b) although ordinarily resident, is an officer or member of the crew of a ship
engaged in international traffic,
his assessable income shall include income accrued from sources out of Saint Vincent
and the Grenadines, but only to the extent that such income is received in Saint Vincent
and the Grenadines.»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The remittance rule. It is the most consequential sentence in the Act for anyone moving here with income from elsewhere, and it appears in no guide we have seen.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«(u) the income on all pensions, including social security payments, whether
earned locally or abroad with effect from the income year 1986:»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The exemption, with the cap in the proviso that follows.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«(i) in the case where the pensions, including social security payments,
amount exceeds twenty thousand dollars per annum, the exemption
from tax shall apply in relation to twenty thousand dollars per annum,»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
Twenty thousand East Caribbean dollars a year, with the balance taxed after the section 47(1)(b) deduction.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«On the first – $5,000 .............................................................................. 10%
On $5,001 – $10,000 ............................................................................. 20%
On $10,001 – $30,000 ........................................................................... 30%
On $30,001 – $45,000 ........................................................................... 40%»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The individual bands as the Revised Edition prints them. The Finance Act 2023 substituted 28% for the 30% band; the rest of the table has not been checked against anything later.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«(2) On the chargeable income of a company on every dollar thereof ................ 32.5%»Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
The Inland Revenue Department publishes 28%, and the Finance Act 2023 reached this item by deleting a rate of 30%. So the company rate moved at least twice after this text was frozen, and we could not read the instrument that made the first move.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
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«## 8. Income Tax Act, Cap. 435
The Income Tax Act is amended -»The amending words themselves are badly broken in extraction, so only the heading and the opening line are quoted. What they amend is section 47(1)(b) and items 1 and 2 of the Fifth Schedule, and the figures involved are twenty-two thousand dollars, 28% and 30%.
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Hosts a small collection of Acts as enacted under /images/PDF/Acts/, including the Finance Act No. 10 of 2023, the Income Tax (Amendment) Act 2020, the Tax Administration Act 2019 and the International Cooperation (Economic Substance) Act 2020, together with budget estimates and fiscal reports.
Standing: Issues the instrument
Cannot be cited for: The collection has no index page and is reachable only through links on the Inland Revenue Department's legislation page, so it must not be treated as a complete record of tax legislation. Extraction of the Finance Act 2023 interleaves its two columns and breaks the amending words, so figures taken from it have to be read against the PDF rather than quoted from a capture.
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«This is tax charged on income accruing to individuals from sources in or out of St. Vincent and the Grenadines (including exempt sources and standard deductions.)»The department's own statement of the charge, which repeats section 8(1)(a) and does not mention the remittance rule in section 8(2).
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«### What is the current rate?
Twenty-Eight percent (28%)»About this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
«| Standard rate on services | 20% |
| Rental | 10% |
| CARICOM - Royalties, Interest and Management Fees only | 15% |»The CARICOM line is a treaty rate: the Act's own Second Schedule lists the CARICOM member states to which the double taxation agreement applies.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
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«| 2025 | 25,000 |
| 2024 | 25,000 |
| 2023 | 22,000 |
| 2022 | 20,000 |»The department's own table. The 2023 figure is the one the Finance Act 2023 enacted; the step to 25,000 is published here and we did not find the instrument that made it.
Read it at the sourceAbout this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
Practical notes
The remittance rule in section 8(2) is read off the Act as consolidated to 1 January 2009. No amendment to section 8 appears in the Finance Act 2023, which is the only post-2009 amending instrument we were able to read; whether anything between 2009 and 2023 touched it is unknown.
The Inland Revenue Department's page describing personal income tax says it is charged on income from sources in or out of the country and links to a 2024 PAYE table for the rate. It does not mention the remittance treatment of a resident who is not ordinarily resident. Where the page and the Act differ in emphasis, the Act is what is quoted here.
The standard deduction of EC$25,000 for 2024 and 2025 is published by the Inland Revenue Department and is not traced to an instrument: the Finance Act 2023 enacted twenty-two thousand, and we did not find the Act or order that raised it.
- administersIncome Tax Act, Chapter 435 (Laws of Saint Vincent and the Grenadines)
Inland Revenue Department, Saint Vincent and the Grenadines · consolidated to 2009-01-01
Known to be out of date. The Fifth Schedule here prints 30% on chargeable income between $10,001 and $30,000 and 32.5% on a company's, and section 47(1)(b) prints an eighteen thousand dollar allowance. The Finance Act 2023 substituted 28% in both places of the Schedule and twenty-two thousand dollars in section 47, and the Inland Revenue Department now publishes a standard deduction of $25,000. None of those changes is in this text, and the instrument that moved the company rate from 32.5% to the 30% the 2023 Act amended is one we have not read.
About this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
- administersInland Revenue Department - List of Taxes
Inland Revenue Department, Saint Vincent and the Grenadines
About this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
- administersInland Revenue Department - Standard Deduction
Inland Revenue Department, Saint Vincent and the Grenadines
About this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source
- issuesFinance Act 2023 (Act No. 10 of 2023)
Ministry of Finance, Saint Vincent and the Grenadines
About this source
Hosts a small collection of Acts as enacted under /images/PDF/Acts/, including the Finance Act No. 10 of 2023, the Income Tax (Amendment) Act 2020, the Tax Administration Act 2019 and the International Cooperation (Economic Substance) Act 2020, together with budget estimates and fiscal reports.
Standing: Issues the instrument
Cannot be cited for: The collection has no index page and is reachable only through links on the Inland Revenue Department's legislation page, so it must not be treated as a complete record of tax legislation. Extraction of the Finance Act 2023 interleaves its two columns and breaks the amending words, so figures taken from it have to be read against the PDF rather than quoted from a capture.
We re-read it every 90 days. More about this source
- administersPAYE Tax Tables, effective 1 January 2024
Inland Revenue Department, Saint Vincent and the Grenadines
About this source
Administers income tax, VAT, excise and the climate resiliency levy, and - unusually - issues every class of driving permit. One of only two departments that publish the text of statutes: it posts the Income Tax Act as Chapter 435, the VAT Act, the Excise Acts, the Finance Act and the Land Tax Act. Also publishes current rates, the standard deduction by year, the PAYE tables and the driving licence fee schedule.
Standing: Applies the rule
Cannot be cited for: The Chapter 435 text it posts is the Revised Edition, consolidated to 1 January 2009, and nothing on the page says so. Its Fifth Schedule prints a 30 per cent individual band and a 32.5 per cent company rate that are no longer the law, and its section 47 allowance of eighteen thousand dollars has been superseded twice. The department's own rate pages are current but are not instruments, and the standard deduction of $25,000 it publishes for 2024 and 2025 is not traceable to any published Act. Its driving licence pages give no statutory basis at all.
We re-read it every 60 days. More about this source