THE Department of Inland Revenue will be in Bimini next week to allow business owners the opportunity to meet with them and discuss the new Business Licence online system, which is part of the existing Online Tax Administration System.
The team will be in town from Monday, November 2, to Wednesday, November 4.
Online Tax Administration System (TAS) will provide businesses with a simple, user-friendly, online application and payment system. This is the same system currently being used for value added tax (VAT).
The addition of the business licence section to OTAS creates a convenient online experience for business owners and taxpayers. OTAS users can easily complete business licence and VAT registrations in one online environment, at any place and anytime with Internet access.
This system will also provide an easy online form that requests similar information/documentation as the paper application. It will generate an automatic e-mail response confirming submission of an application and/or payments.
For further information, visit our website www.bahamas.gov.bs/vat or call toll free at (242) 225-7280. You can also call the administrator’s office directly at 347-3222.
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