On April 1, 2010 there were changes made to the GST (General Sales Tax) – The Placencia Breeze put together some quick facts that may be of help to you.

The new GST fraction is one-ninth (1/9) i.e. r/(100 + r), where  r =rate=(12.5). When you are trying to figure out the GST of an item you can divide it by 1.125. For example if the total cost of an item is $150 including tax = 150/1.125 = $133.33 for the item w/ s tax of $16.66.

Zero-rated Supplies – List expanded effective 1 April 2010 now include:
Pigtail, snout
Bread, corn, flour tortilla and locally produced sweet bread and bun
Yeast
Oats
Luncheon meat
Potted meat
Macaroni and cheese
Powdered soap powder
Stoves and Ranges/Cookers
Exercise books, notebooks, pencils, crayons
Barbed wire
Irrigation pipes and hoses
Spare parts for tractors
Butane gas for domestic use
Refrigerators for domestic use
Washing machine for domestic use
Frames for eye glasses
Impact of Increase on Contracts
1) Contracts before 1 April 2010 subject to tax as follows:
    a) Services/goods provided before 1 April 2010 but payment still outstanding - 10%
    b) Services/goods provided after 1 April 2010 even if prepaid - 12.5%

Paying Your GST
GST returns and payments can also be done online via Atlantic Bank and Belize Bank
It’s safe since no physical cash is transferred
You have up to 10pm to file and make payment on due date
Your record is updated automatically at the Department of GST
GST returns and payments can also be done at Atlantic Bank

Contact Info
Website address: www.gst.gov.bz
Email address: generalsalestax@gst.gov.bz
Belize City: 222-5574/79
Corozal: 422-3282
Dangriga: 522-2351
San Ignacio: 824-3837
Hotline: 222-5294