General Sales Tax (GST)
General Sales Tax (GST) is a tax on the supply of most goods and services in Belize. It is generally charged at a rate of 12.5%.
What Is General Sales Tax?
General Sales Tax (GST) is a tax imposed on the value or the mark-up added to imports and other goods and services supplied by one business to another or to final customers. General Sales Tax is calculated and charged on transactions in the production and delivery chain but the consumer pays General Sales Tax only on the final selling price. However, the tax paid on inputs by a registered person is netted off the tax received on the output and only the difference is paid to Government. Where the input tax incurred by a registered person exceeds the output tax (received), the registered person may claim the difference as a credit against future tax liability.
The General Sales Tax (GST) was introduced on 1st July 2006 and replaced the former Sales Tax. The Department of GST is a division under the Ministry of Finance and is mandated to work closely with the two sister Departments of Income and Business Tax and Customs & Excise.
Head Office, Charles Barlett Hyde Building, Mahogany Street Extension, Belize City – covering the Belize DistrictThe department operates out of the following locations:
Punta Gorda #7 King Street P.O.BOX# 186,Punta Gorda– covers Toledo District
Belmopan Turneffe Street, Belmopan City – covers Belmopan to United Ville
San Ignacio #9 Far West Street, San Ignacio Town – covers Spanish Lookout to Cayo District
Orange Walk #107 Otro Benque Road, Orange Walk Town – covers Orange Walk District
San Pedro Coconut Drive, San Pedro– covers San Pedro, Caye Caulker and surrounding cayes
Dangriga Government Complex Cor. #69 Vincent & Polack Street, Dangriga town- covers Stann Creek and Harvest Caye
Corozal #49 4th Avenue Corozal Town, Corozal Town– covers Corozal District
The Commissioner of GST is responsible for the administration of the GST ACT 49 of 2005.
The Commissioner plays a key role in advising the Ministry of Finance on technical issues and is also responsible to devise and implement rational plans to see that the Vision and Mission of the Department are achieved.
Audit & Investigation
This Section operates under the leadership of the Assistant Commissioner with support from a Supervisor who has direct responsibility for the Audit program. The role of the section is to conduct routine verification of refunds, desk and field audits including comprehensive audits on the books, accounts and records of all taxable persons in Belize and to also raise assessments where necessary.
Under the leadership of the Assistant Commissioner and with support from a supervisor, this section encompasses the following units.
- Taxpayer Services – responsible for the registration of all taxable persons and taxpayer’s educational and training needs.
- Revenue & Accounting – responsible for the day to day GST collections, return filing and creating assessments.
- Collection and Enforcement – responsible for the management and coordination of all GST liabilities due and includes disputes/appeals and distress/enforcement involving court proceedings.
- Finance & Administration – responsible for the processing of personnel related matters including salaries and the upkeep of the registry.
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