IRD Launches Privilege Card Scheme for Tax-Compliant Individuals š
The Inland Revenue Department (IRD) has introduced a new reward system to recognize high-value and compliant individual taxpayers through a tiered Privilege Card program. ⢠Eligibility Criteria Taxpayers must have submitted their Return of Income by the deadline (typically 30 Nov) and settled all self-assessment payments, including Advanced Income Tax (AIT) and Withholding Tax (WHT), within stipulated timelines for the preceding Year of Assessment. ⢠Tiered Reward System Gold Card: Awarded to individuals with annual income tax payments of Rs. 5 million or above. Silver Card: Issued to those who have paid between Rs. 3 million and Rs. 5 million. ⢠Exclusive Benefits Priority Access: Dedicated entry to meet the Commissioner General and senior management. Personalized Service: Assignment of a nominated officer from Tax Services Units and on-site tax consultancy if required. Recognition: Provision of a vehicle sticker and an exclusive elegant logo brooch. ⢠Deadlines & Application For 2026, applications are accepted until 28 February 2026 (extended from the usual Jan 31 deadline). Submissions require a copy of the Return of Income, NIC/Passport, and T-10 Certificate where applicable. Cards are typically issued within three weeks of approval.