Representatives from the Inland Revenue Department (IRD) here on Nevis, issued an appeal on Monday, March 29th, 2021 to persons, encouraging them to pay the Unincorporated Business TAX (UBT).
This is a tax levied at 4% of Sales of goods and Services, after granted permission, which applies to every person or group carrying on a business, who is not registered under the Companies Act, classified as “Unincorporated Taxpayers”, sknird.com says.