Author name: Sheryl Barra

The Seychelles Revenue Commission (SRC) has today launched its NextGen mentorship program, an important talent identification tool aimed at nurturing young employees into aspiring leaders. Introduced as part of SRC’s ongoing transformative journey, the new cohort of six NextGen leaders aged between 18 and 35 hailing from tax and customs division will embark on a […]

As customary, March is the last month where businesses can lodge and pay their annual business or presumptive tax to the Seychelles Revenue Commission (SRC). To prevent long queues and constraints during this peak time, the SRC will as from Wednesday 12 March 2025, decentralize its services across various locations on Mahe to allow taxpayers

The Seychelles Revenue Commission (SRC) has today introduced a dedicated email address and hotline service to provide taxpayers the opportunity to share their feedback and concerns directly to the Commission. The email complaints@src.gov.sc and hotline number 2823025 now active, is available on weekdays from 8am to 4pm, whilst during the weekends, taxpayers are welcomed to

Tax evasion is defined as the unlawful act of deliberately misrepresenting, concealing or falsifying information to reduce or eliminate tax liability. This unethical practice which undermines the tax system is considered as a criminal activity Following amendments made to section 50 of the Revenue Administration Act (RAA), effective 1 January 2025, any person who willfully

The Seychelles Revenue Commission (SRC) is advising taxpayers to remain abreast of the latest changes made to the Revenue Administration Act 2024 (RAA), following amendments made to section 15, 19 and 34 of the act related to objection. Effective 1 January 2025, a taxpayer dissatisfied with a revenue decision may, within ninety days after the

The Customs community has once again this year come together, united in celebrating International Customs Day, which officially falls on 26 January of each year. This special day commemorated by World Customs Organization (WCO) under the theme “Customs delivering on its Commitment to Efficiency, Security, and Prosperity” celebrates the value and virtue of Customs Officers,

The Seychelles Revenue Commission (SRC) is encouraging all taxpayers aiming to apply for any tenders throughout the year 2025 to submit their tax clearance application at the earliest to the Commission’s enforcement unit. As it takes between 5 to 7 days for a tax clearance application to be processed once submitted, taxpayers are advised to

The business tax return is a self-assessment document to be completed by sole traders, partnership and companies at the end each tax year to declare and report on their taxable income for the relevant tax period, ‎‎with permitted deductions and exemptions, in line with the applicable laws. The self-assessment return places the responsibility of tax on

As stipulated in S.I. 98 of 2024 of the Value Added Tax (VAT) Act Refund Regulation 2024, effective 1 January 2025, taxpayers registered under VAT must compulsorily claim a VAT refund where: A VAT credit has been carried forward to two consecutive VAT periods and exceeds SCR10, 000 at the end of the third VAT