VAT Bonds – Ministry of Finance

Media Release – Value Added Tax (VAT) Bonds Application Forms are available Online

Ministry of Finance — Mon, 27 Jan 2025 19:49:06 +0000

In keeping with the Ministry of Finance’s 2025 ‘VAT Bonds’ initiative, the Board of Inland Revenue (BIR) has announced that persons registered for VAT (“VAT Registrants”) can now apply for the payment of outstanding VAT refunds, via VAT Bonds.

The BIR further advises that the VAT Bonds would be issued on a first come, first serve basis with an effective date of January 31, 2025 and a tenor of three (3) years. Interest would accrue from the effective date at a fixed rate of 4.01% per annum. A six (6) month moratorium; commencing from the date of issue, will be imposed on the encashment/transferability of the Bonds for companies operating within the energy sector that are zero-rated.

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Media Release: Value Added Tax (VAT) Bonds Application forms are available Online

Ministry of Finance — Thu, 11 May 2023 17:27:53 +0000

In keeping with the Ministry of Finance’s 2023 ‘VAT Bonds’ initiative, the Board of Inland Revenue (BIR) has announced that persons registered for VAT, (VAT Registrants) can now apply for the payment of outstanding VAT refunds, via VAT Bonds.

The BIR further advises that the VAT Bonds would be issued with a three (3) year tenor at a fixed interest rate of 3.15% per annum. It should be noted that only applicants being owed refunds in excess of TT$250,000.00 would be eligible to receive VAT Bonds. Application forms can be accessed by VAT Registrants at the Inland Revenue Division’s (IRD) website at www.ird.gov.tt. These forms must be completed online, before downloading for signature and then scanned and e-mailed to VATBonds@ird.gov.tt.

Refunds of TT$250,000.00 or less will be paid in cash, during the months of May and June 2023.

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Media Release – APPLICATION FOR VAT BONDS

Ministry of Finance — Tue, 28 Jul 2020 20:32:53 +0000

VAT Registrants are reminded that the Board of Inland Revenue (BIR) continues to accept applications for VAT Bonds.
Application forms can be accessed at the Inland Revenue Division’s (IRD) website at www.ird.gov.tt. These forms must be completed online, printed, signed and e-mailed to VATBonds@ird.gov.tt.

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