The Inland Revenue Division (IRD) is a Division within the Ministry of Finance and Energy and is charged with administering the tax laws of Grenada in a fair and just manner. It is overseen by a Comptroller who is responsible for the Day to day operations of the Division, subject to the direction of the Permanent Secretary.
The core function of the Division is:
To administer the different tax legislations in the most equitable manner. Some of IRD’s responsibilities include:
1. Educating and guiding our clients on their rights and obligations as established in the various tax laws;
2. Assessing taxes, managing non-compliance and collecting all revenue due to the government;
3. Ensuring that all revenue collected is properly accounted for.;
IRD’s Tranformational Journey
The Inland Revenue Division (IRD) is currently undertaking a major reform initiative. This reform journey encompasses a review of the processes, procedures, human resource capacity, client base and operational structure with the aim of providing our client with a more efficient and effective service experience.
In assessing our clients’ base (their needs, revenue contribution, risk level, asset base etc) as a match against our limited resources it was apparent that operational units would need to be established to adequately service the needs of various categories of clients. Consequently, a Large and Medium Taxpayer and Small and Micro Taxpayer Unit were established.
IRD also established a Headquarters Section with a focus on Human Resources and Strategic Planning which includes a Legal component.