Inland Revenue Division (IRD) COVID 19 Measures
To fulfill provisions of the Public Health Regulations and to mitigate the risks associated with the Global COVID 19 Pandemic, the Board of Inland Revenue (BIR) wishes to advise and encourage the public to take advantage of the following key services being offered electronically by the Inland Revenue Division (IRD).
Media Release: Moody’s confirms Trinidad and Tobago’s credit rating in the midst of the Covid crisis
Today, May 22nd 2020, Moody’s has confirmed Trinidad and Tobago’s rating at Ba1, one of the highest in the Caribbean region. In a series of rating decisions that have seen a number of oil and gas exporting countries downgraded all over the world, Moody’s has simply changed the outlook to negative.
MEDIA RELEASE – Signing of Agreement with the Co-operative Credit Union League of Trinidad and Tobago (CCULTT) and the Central Finance Facility (CFF).
On Friday May 8th, 2020 the Honourable Colm Imbert, Minister of Finance, on behalf of the Government of the Republic of Trinidad and Tobago (GORTT), signed an agreement with the Co-operative Credit Union League of Trinidad and Tobago (CCULTT) and the Central Finance Facility (CFF), for a $100M Government Guaranteed Loan Facility.
Media Release: Republic Bank and Angostura Shares Pledged to NIF, NIF Bondholders’ Investment is Secure
Holders of NIF Bonds are assured that their long-term investment is secure and that they will receive their interest payments on time and in the amounts agreed to.
Media Release: Misinformation about Salary Relief Grant (SRG) in Trinidad Express story 30-04-20
The Ministry of Finance notes consistent inaccuracies in a story entitled “Bureaucracy to Blame for Grant Delay” in the Trinidad Express’ publication of April 30th, 2020 that references the Salary Relief Grant.
Media Release: Value Added Tax (VAT) Bonds Application forms are available Online
Persons registered for VAT, (VAT Registrants) can now apply for the payment of outstanding VAT refunds, via VAT Bonds. The BIR advises such persons that application forms can be accessed at the Inland Revenue Division’s (IRD) website at www.ird.gov.tt.
Closure of Offices at the Inland Revenue Division (IRD)
The Board of Inland Revenue (BIR) wishes to advise the public of its offices that will be closed on April 6th, 2020.
VAT and Income Tax Refund Cheques Will Be Delivered
The Ministry would like to assure the public that the Inland Revenue Division is working closely with TTPost to ensure that cheques for VAT refunds and income tax refunds will be delivered as previously announced.