News

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 […]

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

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

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

The Seychelles Revenue Commission (SRC) has since Friday, 8 March 2024, met with a group of registered tax agents and accountants in a forum, as part of its strategy to provide a communication platform between the tax agents, accountants and the Commission. The session which started with the Commissioner of Tax, Ms. Gayathri Chetty delivering

The Seychelles Revenue Commission (SRC) is advising taxpayers to adhere to the new regulations related to the filing of the withholding tax and the residential rent tax return. Following amendments made to the Business Tax Act, effective February 2024, taxpayers deriving income from the rental or leasing of a building or part of a building

March remains the busiest period for the Seychelles Revenue Commission (SRC). As customary, this is the last month where businesses can lodge and pay their business or presumptive tax ahead of the closure of the annual tax year deadline for 2023 set on 31 March, 2024. To alleviate the constraints being experienced during this peak

To encourage compliance towards monthly tax obligations and to further streamline its processes, the Seychelles Revenue Commission (SRC) has introduced new return forms for each specific tax type and a tax payment slip to be used for all related tax payments. The specific tax type return forms introduced since January 2024 in pilot phase at

The Seychelles Revenue Commission (SRC), has this week welcomed a delegation from the United Nations Office on Drugs and Crime (UNODC) on a ten-day working mission into the Seychelles, to conduct a training on the ‘UNODC-WCO Container Control Programme (CCP). The theoretical training set to empower customs officers and related agencies dealing with importation at

The Seychelles Revenue Commission (SRC), has last week, welcomed Mr. Ashish Heliwal on his second work mission in the Seychelles, under the Tax Inspectors Without Borders (TIWB) Programme. Following his last visit in October 2023, Mr. Heliwal has this time further extended his expertise in transfer pricing policies and regulations by hosting a dedicated training