The VAT Implementation Unit exists to administer the Value Added Tax in St. Vincent and the Grenadines with a high degree of efficiency, integrity and fairness, minimizing the compliance costs to businesses, while collecting revenues to facilitate economic growth and development.

Standard Rate: This is the VAT rate (15%) applicable on all taxable goods and services in SVG. Zero-Rated Supplies: This means a supply of goods that would have a VAT rate of 0 percent. That is, no VAT will be charged on any item that is zero-rated.

Value Added Tax (VAT) is a tax that's charged on most goods and services that VAT-registered businesses provide in St Vincent and the Grenadines. VAT is charged when a VAT-registered business sells to either another business or to a non-business customer.

LET US WORK TOGETHER TO MAKE SVG VAT-READY FOR JANUARY 2007.

VAT rates for Saint Vincent and the Grenadines are reviewed annually, you can use the VAT Calculator to calculate VAT due in Saint Vincent and the Grenadines or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Download Static and animated Vat vector icons and logos for free in PNG, SVG, GIF.

Nov 27, 2024 · In Saint Vincent and the Grenadines (SVG), the Value Added Tax (VAT) registration process is essential for businesses operating within the jurisdiction. This process ensures compliance with local tax laws and enables businesses to …

Registered businesses will collect VAT at 15 percent on sales of goods and services to their customers and deduct VAT paid on their purchases and submit the difference to the Inland Revenue Department at the end of every month. This payment must be submitted by the 15th of the following month.

The Saint Vincent and the Grenadines VAT Calculator is updated with the 2024 Saint Vincent and the Grenadines VAT rates and thresholds. You can calculate your VAT online for standard and specialist goods, line by line to calculate individual item VAT and total VAT due in Saint Vincent and the Grenadines

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