Gumbs gave possibility of a two year payment plan to pay outstanding taxes, 237 people responded so far

GREAT BAY--A total of 237 taxpayers have applied for Government’s two-year outstanding tax payment plan since it was introduced on February 16, 2026, Minister of Finance Marinka J. Gumbs announced. Applications will remain open until December 31, 2026.

The 24-month arrangement gives taxpayers additional time to settle outstanding tax obligations through manageable monthly payments. Minister Gumbs encouraged eligible taxpayers not to wait until the final months of the program to submit their applications.

“We heard the concerns of taxpayers who told us that nine months was simply not enough time. That is why we introduced the 24-month payment arrangement. We listened, and we acted,” Gumbs said.

The extended arrangement was introduced after taxpayers indicated that the previous nine-month repayment period did not provide sufficient time to comfortably settle their outstanding obligations.

According to the Minister, the response so far demonstrates that taxpayers are willing to meet their obligations when practical and realistic payment options are available.

“I now encourage everyone who wishes to benefit from this opportunity not to wait until the last minute. By applying early, taxpayers can begin regularizing their tax affairs through manageable monthly payments and avoid the rush as the deadline approaches,” Gumbs said.

Taxpayers with outstanding obligations are encouraged to contact the Tax Administration for information about the available payment options and application requirements.

Gumbs thanked the 237 taxpayers who have already entered the arrangement and encouraged others to make use of the opportunity before the December 31 deadline.

“The Ministry of Finance remains committed to fostering voluntary tax compliance by providing a fair, practical and accessible tax system that supports taxpayers while strengthening the country’s public finances,” she concluded.

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