As part of its service delivery strategy to increase efficiencies and communication with taxpayers, the Seychelles Revenue Commission (SRC) has today announced that effective 1 April 2026, taxpayers will no longer receive a “Letter of Assessment” or ‘Self-Assessment Notification’ from the Commission upon submission of tax returns lodged.
To acknowledge receipt of returns lodged to the Commission, taxpayers will now receive an “Acknowledgment Notice” confirming the returns submitted.
The revised process is being conducted in accordance with Section 7(b) of the Revenue Administration Act 2009, which stipulates, “a self-assessment return shall be treated as a notice of assessment served on the taxpayer on the date the return is furnished”.
Taxpayers are being advised not to treat the ‘Acknowledgment Notice’ as an assessment of their tax liability once received, but merely as a confirmation that the returns lodged to the SRC has been received.
Taxpayers are also being encouraged to keep copies of returns lodged and receipts of taxes paid to the SRC as part of their business record keeping process, in adherence to the applicable laws.
In line with SRC’s digitalization efforts and transition towards a paperless environment, taxpayers are being encouraged to submit returns electronically via taxreturn@src.gov.sc, in addition to making use of the bank transfer facility for all payments, especially for the lodgment and payment of the annual business and presumptive tax for applicable year 2025.
Taxpayers are being reminded that the due date to lodge and pay the annual business and presumptive tax is 31 March 2026 for applicable year 2025.
SRC will throughout the year continue to review its service deliverables to provide further ease of transacting with taxpayers and improved efficiency to increase compliance.