NOTICE TO ALL REGISTERED BUSINESSES
The Director General of the Belize Tax Service Department hereby notifies all taxpayers that are registered for Business Tax to the following important filing requirements:
News
Belize CRS Guidance Notes
This Guidance Note is issued to assist Reporting Financial Institutions in understanding their
obligations, to increase compliance, educate, enhance efficiency, and reduce errors in reporting.
The OECD has developed extensive and comprehensive materials for the consistent application
and interpretation of the CRS by all jurisdictions. This Guidance Note is specific to Belize and is not
intended to replace the CRS Standards and implementation guidelines as referenced to below.
Financial Institutions may seek additional professional advice as it relates to CRS. Future
amendments to the legislation may be included in this note periodically.
Notice to Reporting Financial Institutions and Multinational Enterprises
The Director General of the Belize Tax Service Department (BTSD) wishes to inform you that BTSD is in the process of implementing a new system for the submissions for Common Reporting Standard (CRS) and Country by Country (CbCR). The new system is very user friendly and, you will be provided with training and guidance to ensure a smooth transition. In light of this development, the Director General has extended the deadline to April 30, 2025, and we kindly request that you refrain from filing any CbCR and CRS reports for the 2024 reporting period until further notice. However, we encourage all Financial Institutions to begin preparing their reporting files in anticipation of the new system’s launch.
EXTENSION FOR BUSINESS TAX FILING DATE
Dear Taxpayers,
The Belize Tax Department wishes to inform all Business Tax filers that due to an ongoing system update required to implement recent legislative changes, the filing date deadline for January 2025 Tax Period is temporarily unavailable, Originally due on February 15, 2025 has been extended to February 28, 2025.
PAYE and Legislative changes Webinar
BELIZE TAX SERVICE
Join us! We want to hear from you!
This session is designed to assist participants with the
basic concept and understanding of the new PAYE
Calculation and Legislative Changes for Belize Tax
Service Department.
Belize Tax Service PAYE
FEBRUARY 4TH, 2025: DAY 1 ACCESS
FEBRUARY TH, 2025: DAY 2 ACCESS
GUIDANCE NOTES ON TAX FREE DAYS 2024 (Mandar)
主题：一般销售税合格商品的临时零税率（一般销售税折扣）
敬启者：
以下信息是伯利兹税务局于 2024 年 12 月 9 日发布的指导通知的翻译。
活动期（折扣仅适用于这些特定日期）：
– 2024 年 12 月 1 日至 31 日，适用于所有圣诞火腿和进口火鸡。
– 2024 年 12 月 14 日、15 日、21 日和 22 日，适用于除下述商品外的所有应税商品。
GUIDANCE NOTES ON TAX FREE DAYS 2024
BELIZE TAX SERVICE DEPARTMENT (BTSD)
The Temporary Zero-Rate of GST for Eligible Goods
PURPOSE OF THE GUIDANCE NOTE:
This Guidance Note explains the temporary changes in the General Sales Tax (“GST”) treatment of certain supplies on the following days December 14th, 15th, 21st, and 22nd, 2024, as well as the treatment of ham and imported turkey for the period of December 1st to December 31st, 2024.
The Note, therefore, provides a general outline of goods that will temporarily ascribe a GST rate of zero percent and indicates the filing and reporting obligations for GST registrants that may be affected by the temporary change.
GENERAL SALES TAX (AMENDMENT OF SCHEDULE) ORDER, 2024
STATUTORY INSTRUMENT
NO. OF 2024
ORDER made by the Minister responsible for Finance in exercise of the powers conferred upon him by section 95 of the General Sales Tax Act, Chapter 63 of the Substantive Laws of Belize, Revised Edition 2020, and all other powers thereunto him enabling.
(Gazetted ……………………………, 2024)