Name of the Organization : Inland Revenue Department
Type of Facility : Applying For TPN/TIN
Country : Saint Lucia
Website : http://irdstlucia.gov.lc/
Applying For TPN/TIN :
On this page you will find out all you need to know regarding the registration of an individual:
Related : Inland Revenue Department Tax Clearance Certificate Saint Lucia : www.statusin.org/7683.html
Tax Payer Numbers:
A Tax Payer number is a unique six-digit identification number assigned to an individual taxpayer, a business enterprise, a company (partnership) by way of an automated system. It helps the department in administering the government tax program. A Taxpayer will require this number when transacting business with either of the revenue collecting departments.
The department issue one TPN/TIN to you during your lifetime, even if you change your circumstances.
How To Find Your TPN/TIN:
(Tax Payer Number/Tax Identification Number)
Your TPN is unique and identifies you to the tax department. It does not change, even if you change employment, your name or leave the island and return to Saint Lucia it remain the same.
If you have filed returns or carried out certain transactions with the IRD you may already have a TPN
Your TPN can be found on:
** Your income tax notice of assessment
** Most correspondence we send out to you
** Your payment receipt
** Your Annual income statement of total remuneration, allowances and benefits (TD5-slip) from your employer
If you cannot identify your TPN, you can contact the department to get it. However, in order to confirm we are talking to the correct person before discussing any tax matter, we will ask for certain personal details only you or your authorized representative would know.
Applying For TPN/TIN:
To do business with the IRD you must have a TPN/TIN. To obtain a TPN/TIN you must register by filing out an Individual Registration form.
You will need to provide the following:-
** An official form of ID (i.e. Passport, Identification card, Driver’s license)
** You Social Security Number
** Address residential and postal
** Contact number where you can be reached during the day
** E-mail address
** If married, date of marriage, spouse’s name; date of birth; Social security number and, spouse maiden name.
** Children’s/child Name, date of birth and school attending if attending school
** Your place of employment and start date of employment
** If you had a change of name you must provide us with a copy of the legal document.
FAQ :
Who must file Income Tax Returns?
** Every resident individual who is in receipt of income of over $18,400 in any year;
** All self-employed individuals, notwithstanding the amount of the income or loss. Individuals in this case include taxi and mini-bus owners or drivers, doctors, mechanics, shopkeepers, vendors, lawyers, hairdressers, shop-owners, contractors, etc.;
** Every corporation, whether or not a profit is made;
** Corporations and Individuals to whom exemption of Tax has been granted under the Fiscal Incentive Act or otherwise;
** Partnerships.
If an individual has failed to submit Income Tax Returns for several years, what is his or her obligation in respect of those missing years?
Any person liable to furnish a return of income, in respect of any year of income, who fails, neglects or Inland Revenue Department requires that returns be submitted for the last six years.
Should an income tax return still be submitted if, in any year of income, a small business or a company suffers a loss?
Yes. An income tax return should be filed by a small business or a company whether or not the net result is a loss. A financial statement including Income Tax Computation showing details of the loss must be attached to the return and the actual loss shown on the return in brackets. A loss arises when the allowable business expenses exceed the income earned.
What is a Tax Account Number (TAN)?
A Tax Account number is a unique eight-digit identification number assigned to an individual taxpayer, a business enterprise, a company (partnership) by way of an automated system. A Taxpayer will require this number when transacting business with either of the revenue collecting departments.
Why the TAN?
The Inland Revenue uses a fully computerised tax system called the Standardised Integrated Government Tax Administration System (SIGTAS). SIGTAS is a fully-networked system running on a modern database.
The computerization of operations with the department helped improve the tax administration and ultimately provide better services to the public.Under the TAN system, all taxpayers have a unique identification number which must be used when transacting business with the Inland Revenue Department, as well as the Customs Department.
The TAN will :
** Create and maintain accurate files for taxpayers;
** Eliminate the duplication of information on taxpayers within the department.