Author name: Sheryl Barra

SRC ATTENDS UNODC ASSET RECOVERY TRAINING HOSTED IN COLLABORATION WITH THE SEYCHELLES POLICE FORCE

The Seychelles Revenue Commission (SRC) has this week attended a four-day training held at the Savoy Resort and Spa hosted by the United Nations Office on Drugs and Crime (UNODC) based in South Africa, in collaboration with the Seychelles Police Force. The training facilitated by four UNODC experts delivered from 3 to 6 June 2024, […]

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SEYCHELLES REVENUE COMMISSION LAUNCHES ONLINE PAYMENT FOR CUSTOMS SERVICES

The Seychelles Revenue Commission (SRC) has today launched its online payment facility for customs services, as part of the latest enhancement to the Automated System for Customs Data (ASYCUDA). Introduced to streamline the payment process for all imports and exports declarations, the new facility aims to increase operational efficiencies and further ease the clearance process for

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SBSA, PERSEVERANCE AND ENGLISH RIVER SECONDARY SCHOOL LEARNS ABOUT THE ROLE AND IMPORTANCE OF SRC INTERNAL AUDITORS

The Seychelles Revenue Commission (SRC) has since the beginning of May 2024,  met with over ninety students from two secondary schools and one post-secondary institution, as part of its awareness campaign to impart knowledge about the roles, functions and importance Internal Auditors plays within an organization. The initiative held to mark this years’ Internal Audit

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SEYCHELLES REVENUE COMMISSION INCREASES TAX EDUCATION TO BOOST COMPLIANCE

The Seychelles Revenue Commission (SRC) has over the past five months hosted a series of workshops to various entities across Seychelles, as part of its strategy to boost increased tax and customs education to taxpayers. The sessions facilitated by professionals from the Commission’s tax and customs division covered a wide range of topics such as,

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SRC AND PARTNERS TO HOST EDUCATIVE WORKSHOP WITH INNER ISLAND RETAILERS AND WHOLESALERS

The Seychelles Revenue Commission (SRC) and partners will on Thursday, 23 May 2024, host an educative session targeting businesses engaged in the retail and wholesale activity on Praslin and La Digue. The session set to be held at the Bahai Centre in Baie Saint Anne will also see the participation of key partners including the

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BUSINESSES TO RECEIVE ADDED BENEFITS ON LOW VALUE COMMERCIAL CONSIGNMENTS IMPORTED THROUGH POST AND COURIER

Following the publication of S.I 33 of 2024 of the Value Added Tax (Amendment of First Schedule) Regulation 2024, businesses importing commercial goods into the Seychelles through postal and courier services shall be exempted from payment of Value Added Tax (VAT) if the customs value or the Cost, Insurance and Freight (CIF) value; that is

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CHANGES MADE TO FINANCIAL LAWS (AMENDMENT) ACT, 2023 (ACT 26 OF 2023)

As a result of changes made to the Financial Laws (Amendment) Act, 2023 (Act 26 of 2023) in December 2023, the Seychelles Revenue Commission is herewith providing guidance on the amendments made to the laws related to revenues from the business tax act 2009, value added tax, 2010, tourism marketing tax, 2013 and the accommodation

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SRC HIGHLIGHTS CHANGES MADE TO INCOME AND NON-MONETARY BENEFITS TAX (PAYROLL) REGULATIONS, 2024

In exercise of the powers conferred by section 19(1) of the Income and Non-Monetary Benefits Tax Act (Cap 273) the Minister of Finance, National Planning and Trade makes the following regulations. In line with S.I. 19 of 2024, businesses with employees must now use and submit the payroll withholding statement, simplified payroll withholding statement or

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NEARING TAX DEADLINE, SRC ADJUST ITS OPENING HOURS AND EXPANDS PAYMENT POINTS

Nearing the tax deadline of the 31 March 2024, the Seychelles Revenue Commission (SRC) has today announced that effective 25 March until 28 March 2024, the Commission will open its doors at Maison Collet Head Office for lodgment and payment of taxes from 8am up to 3pm. The early opening hours set, is in view

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