Saint Vincent VAT Calculator
Calculate inclusive/exclusive VAT, output tax, deductible input tax, and net VAT payable to the SVG Inland Revenue Department across commercial, retail, and tourism sectors in Eastern Caribbean Dollars (EC$) and USD.
Saint Vincent & the Grenadines VAT Framework
Value Added Tax (VAT) in Saint Vincent and the Grenadines was introduced under the Value Added Tax Act (Cap. 444) administered by the Inland Revenue Department (IRD). VAT is a broad-based consumption tax levied on domestic taxable supplies of goods and services as well as imported merchandise.
Statutory Tax Rates & Categories
| Rate | Scope of Supplies | Input VAT Recovery |
|---|---|---|
| 16% Standard | General commercial goods, retail, dining, professional and contracting services | Fully deductible by registered businesses against output tax |
| 11% Reduced | Hotel room accommodation, villas, guest houses, registered yacht charter and diving tourism | Fully deductible against taxable supplies |
| 0% Zero-Rated | Basic foodstuffs (flour, rice, milk, brown sugar, baby food), exports, international transport, prescription medicines | Full input tax credit refundable by IRD |
| Exempt | Financial services, residential rent, local passenger transportation, postal services, domestic electricity under 50 kWh | No input VAT recovery allowed on overheads |
VAT Registration & Compliance Deadlines
Commercial entities, partnerships, and sole proprietors with annual gross taxable sales exceeding EC$ 120,000 (or an average of EC$ 10,000 per month) are legally mandated to register for VAT with the Inland Revenue Department. Monthly VAT returns and payments must be remitted by the 21st day of the subsequent calendar month.
📊 Inland Revenue Department (IRD) & National Insurance Services (NIS) Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (XCD) |
|---|---|
| Primary Net / Statutory Payable Amount | $0.00 XCD |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Saint Vincent and the Grenadines IRD & NIS Lead Architect
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.