A Commissioner and a staff of eighty-seven (87) officers countrywide presently man the Department. There are five main sections within the Department; they are the Assessment, Administration, Collection, Compliance and Technical sections. The Department was decentralized in 1983 with the establishment of district offices in three of the main towns. Each of these offices function similar to the Head Office and is responsible for dealing with all tax matters relating to two districts within its area, i.e. Corozal Office for Corozal and Orange Walk Districts; Belmopan Office for Cayo District; and Dangriga Office for the Stann Creek and Toledo Districts.

 

Disputes can be made to the Commissioner and subsequently the Income Tax Appeal Board. The Appeal Board consists of three members who hear appeals from the taxpayer on claims of excessive assessments and disallowed expenses or personal relief.

 

Funding for the Department is done through the national budget from revenue. The Department is directly responsible to the Ministry of Finance and is one of the country’s major sources of revenue.

 

Income Tax Department administers the Income and Business Tax Act as amended in Act 19 of 1998. This Act provides for the taxation of employed persons on the basis of their emoluments while the business sector - companies, professionals etc. pay taxes based on their gross turnover. Employees are taxed by progressive rates between 25% and 45%. Businesses pay on a scheduler basis by sector and source.
 

Tax Unit:

• The registration of Traders under the Sales Tax Act # 13 of 1999

• The processing of monthly returns submitted by registered traders
• The monitoring of the activities of traders to ensure compliance with the various provisions of the Sales Tax Act.
   
  Phone Number: 501 - 822 2667
  Official Website Link: http://www.incometaxbelize.gov.bz