The tax and na­tion­al in­sur­ance amnesty has been ex­tend­ed to May 2. 

In a news re­lease yes­ter­day, Fi­nance Min­is­ter Vish­nu Dhan­paul, said the pub­lic is re­mind­ed that the tax amnesty cov­ers penal­ties and in­ter­est about the fol­low­ing tax­es up to the year of in­come end­ing De­cem­ber 31, 2023. 

In­di­vid­ual in­come tax; gam­ing amuse­ment tax; pay-as-you earn (PAYE); with­hold­ing tax; health sur­charge; ho­tel ac­com­mo­da­tion tax; cor­po­ra­tion tax; club gam­ing tax; busi­ness levy; in­sur­ance pre­mi­um tax; green fund levy; tax on fi­nan­cial ser­vices; Val­ue Added Tax (VAT); pe­tro­le­um prof­its tax (PPT); sup­ple­men­tal pe­tro­le­um tax (SPT); un­em­ploy­ment levy and stamp du­ty. 

Dhan­paul not­ed in the case of prop­er­ty tax, the tax amnesty cov­ers penal­ties and in­ter­est up to De­cem­ber 31, 2024. 

Fur­ther, he said the Na­tion­al In­sur­ance amnesty cov­ers all in­ter­est and penal­ties out­stand­ing on con­tri­bu­tions be­fore Oc­to­ber 1, 2024, and ap­plies on­ly to em­ploy­ers reg­is­tered with the na­tion­al in­sur­ance Board be­fore Oc­to­ber 1, 2024. 

“Where a tax­pay­er/em­ploy­er fails to pay his out­stand­ing tax/con­tri­bu­tions dur­ing the tax and Na­tion­al In­sur­ance amnesty, the penal­ties and in­ter­est which would have been payable in re­spect of the fail­ure to pay the tax/con­tri­bu­tions shall be re­vived and be­come payable as if the waiv­er had not been grant­ed,” the fi­nance min­is­ter added. 

This is the sec­ond time the tax and na­tion­al in­sur­ance amnesty has been ex­tend­ed. Orig­i­nal­ly sched­uled to end on De­cem­ber 31, 2024, the amnesty was first ex­tend­ed to Jan­u­ary 31, 2025.