Omari Neal

TERMS OF REFERENCE HUMAN RESOURCE SPECIALIST FOR THE ESTABLISHMENT OF THE REVENUE AUTHORITY OF BELIZE (RAB)

Terms of Reference
HUMAN RESOURCE SPECIALIST FOR THE ESTABLISHMENT OF THE REVENUE AUTHORITY OF BELIZE (RAB)
Position Title: Human Resource Specialist – Revenue Authority Transition
Location: Belize City, Belize
Duration: [24 months Full-time position]
Reporting to: Project Manager – Revenue Authority Establishment
Background: As part of the Government of Belize’s initiative to transition the Belize Tax Service Department (BTSD) into a semi-autonomous revenue authority, there is a need for a dedicated Human Resource Specialist to facilitate the smooth transition of human resources functions. The Human Resource Manager will work closely with the Project Manager of the Revenue Authority of Belize (RAB) Establishment Project to develop strategies and processes for optimizing human resource management within the new revenue authority structure.

NOTICE TO REGISTERED AGENTS GENERAL SALES TAX

Subject: Clarification Regarding Zero-Rated Services Exempt from GST
Further to the Ruling issued concerning Zero-Rated services exempt from GST and Schedule II paragraph (10) of the GST Act which delineates criteria for such exemptions:
SCHEDULE II
GENERAL SALES TAX ACT
Zero-Rated: Exported Services
Services Consumed Outside Belize
(10) A supply of services to a non-resident person who is outside Belize at the time the services are supplied, other than a supply of services–

NOTICE TO FORMER INTERNATIONAL BUSINESS COMPANIES

The Director General hereby notifies all former International Business Companies (IBCs) now companies, of our new requirement concerning the filing of returns.
With immediate effect, all former IBCs obligated to file taxes with our offices, must include a certified copy of their company’s annual financials with their yearly returns.
Taxpayers are being encouraged to utilize our ONLINE SERVICE through the IRIS Belize e-portal to create an online account for filing and making payments online.

PUBLIC RULING GENERAL SALES TAX TREATMENT OF TAX FOR RETURNABLEBEVERAGE CONTAINERS

1.0
OBJECTIVE
1.1 The objective of this public ruling is to set out the Director General’s interpretation of the application of specific provisions of the General Sales Tax Act (GST Act) to the transaction specified below.
1.2 The purpose is to achieve consistency in the administration of tax legislation and to provide guidance to the public and officers of the Belize Tax Service Department (“BTSD”).
1.3 This public ruling is made pursuant to Section 9 of the Tax Administration and Procedure Act, (“TAPA”) and is binding on the Director General until revoked. This public ruling is not binding on the taxpayers.

PAYE, CONTRACT AND GST REQUIREMENTS

The Director General hereby notifies Taxpayers of our new requirement as it relates to the PAYE, Contract Tax and GST filing and payment.
With immediate effect, taxpayers are required to submit a listing as follow:

CRS XML UPLOAD FILING

CRS XML Upload Filing
To perform a CRS XML Upload Filing reporting New Data, kindly follow the steps below:
Note: Our CRS portal will accept files which are CRS XML Schema 2.0 compliant only. For CRS XML Schema 2.0 and CRS User Guide visit https://www.oecd.org/tax/automatic-exchange/common-reporting-standard/schema-and-user-guide/. Also, ensure your XML files are under 30MB in size.
1. Select Filings from the main Menu to access the Manage Filings page.
2. Click the Create Filing button. Enter Filing Name of your choice. Select CRS XML Upload Filing filing type. Enter applicable Period End Date (31 December of relevant filing year). Click the Create button.
3. Select filing name created at the screen that pops up. Your filing will also be available in the draft filings section of the Filings menu.

CRS NIL REPORT AND FILING INSTRUCTIONS

CRS Filings Summary/Nil Report
These instructions are provided for financial institutions to submit a Nil report or CRS Filing Summary after reporting is complete.
1. Select Filings from the main Menu to access the Manage Filings page.
2. Click the Create Filing button. Enter Filing Name of your choice. Select CRS Filing Summary filing type. Enter applicable Period End Date (31 December of relevant filing year). Click the Create button.
3. Select filing created at the screen that pops up next. Filing will also be available in the Draft Filings section of the Filings menu.

CRS MANUAL FILING INSTRUCTIONS

CRS Manual Filing
To perform a manual CRS Filing reporting New Data, kindly follow the steps below:
1. Select Filings from the main Menu to access the Manage Filings page.
2. Click the Create Filing button. Enter Filing Name of your choice. Select CRS Manual Entry filing type. Enter applicable Period End Date (31 December of relevant filing year). Click the Create button.
3. Select filing name created at the screen that pops up. Your filing will also be available in the draft filings section of the Filings menu.

GUIDELINES FOR PAYING TAXES THROUGH ATLANTIC BANK

The general public is hereby notified that effective May 8, 2023, any payment made through Atlantic Bank to any Belize Tax Service Department (BTSD) account via teller deposits, third party or other bank transfers will not be applied to BTSD accounts. Payments to the Belize Tax Service Department from Atlantic Bank are to be made only through the Bill Pay services via Atlantic Online or tellers countrywide.