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General sales tax (GST) General sales tax (GST) is a tax on the supply of most goods and services in Belize. It is generally charged at a rate of 10%. What Is General sales tax? General sales tax (GST) is a tax imposed on the value or the mark-up added to imports and other goods and services supplied by one business to another or to final customers. General sales tax is calculated and charged on transactions in the production and delivery chain but the consumer pays General sales tax only on the final selling price. However, the tax paid on inputs by a registered person is netted off the tax received on the output and only the difference is paid to Government. Where the input tax incurred by a registered person exceeds the output tax (received), the registered person may claim the difference as a credit against future tax liability.
TO BE THE LEADING TAX ADMINISTRATION IN THE REGION
THROUGH TRANSPARENCY, EQUITY AND INTEGRITY WE WILL PROVIDE PROFESSIONAL AND EFFICIENT CUSTOMER SERVICES TO ESTABLISH THE HIGHEST LEVEL OF VOLUNTARY COMPLIANCE TO MAXIMIZE REVENUE COLLECTION.
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