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Tag Archives: tax

  1. Dominican Republic’s Interior & Police Minister says alcoholic beverages takeout is allowed, Decree 171-21 bans the sale

    Contrary to what had initially been announced, now the Ministry of Interior and Police’s alcoholic beverages control agency says that businesses are authorized to sell alcoholic beverages as long as these are for takeout and are not consumed where they are purchased. Decree 171-21 states that the sale and consumption of alcoholic beverages is banned […]

    April 7, 2021OddityNo comments
  2. Personal Income Tax Filing Season Has Begun

    Taxpayers are advised that the 2020 Personal Income Tax (PIT) return is available for filing. All self-employed persons, employees who earned above $25,000 last year as well as pensioners with an annual income above $40,000 are required to file a personal income tax return. The return must be filed online in TAMIS at https://tamis.bra.gov.bb by […]

    March 31, 2021BusinessNo comments
  3. Land Tax Payment Deadline at Month End

    The Barbados Revenue Authority is reminding taxpayers that the deadline for the payment of the 2020-21 Land Tax is Wednesday, 31st March 2021. The Authority is encouraging taxpayers to utilise the online payment facilities available via EZpay+ at ezpay.gov.bb, the Cave Shepherd Card Mobile App, SurePay Online at www.surepaybillsonline.com or the online banking platforms for […]

    March 26, 2021Business, FeaturedNo comments
  4. Employers Advised to Download 2021 Monthly PAYE Template

    The Barbados Revenue Authority informs employers that a Microsoft Excel template which can be used to file their monthly Pay As You Earn (PAYE) returns for income year 2021, is now available. The template, which is utilised when selecting the bulk e-filing option in a PAYE return, is especially useful to employers who have more […]

    February 10, 2021Business, FeaturedNo comments
  5. Further Operational Changes at Barbados Revenue Authority

    The Barbados Revenue Authority informs the public that in light of the recent COVID-19 directive, only the Bridge Street Mall payment centre will remain open from February 3 to February 17, 2021. Persons can make in-person cash and card transactions from 8:30am-2:00 pm. Please note that all other BRA offices will be working remotely during […]

    February 4, 2021Featured, TechnologyNo comments
  6. New Online Process for Vehicle Registration and Commercial Renewal

    Effective Monday 11th January 2021, the Barbados Revenue Authority will process first-time vehicle registrations for private and commercial motor vehicles as well as registration renewals for commercial vehicles online only. Payments will be facilitated through the SurePay online payment platform, surepaybills.com or its physical outlets. The Authority is also looking to expand the payment facility […]

    January 13, 2021Breaking News, Business, FeaturedNo comments
  7. BRA urges Patience with Vehicle Sticker Reminder

    The Barbados Revenue Authority (BRA) reminds the public that registration stickers for privately owned vehicles are issued via the post. Please be informed that the revised process introduced in response to the current pandemic environment remains as follows: Owners of private vehicles are no longer required to visit the Authority’s offices to collect registration stickers. […]

    December 23, 2020Breaking News, Business, FeaturedNo comments
  8. BRA Paying 2019 Tax Refunds

    Following the conclusion of the processing of Reverse Tax Credits (RTC) and all Personal Income Tax (PIT) refunds for the year 2019, taxpayers have started to receive their tax refunds. The Barbados Revenue Authority in its continuing efforts to improve service delivery, has moved away from printing cheques to paying refunds electronically. As the disbursement […]

    December 1, 2020Business, FeaturedNo comments
  9. BRA Reminds Overseas Property Owners to Submit Email Address

    Due to delays with the delivery of international mail, the Barbados Revenue Authority is urging property owners overseas to request a copy of their 2020-2021 Land Tax bills via email. Property owners should visit the Authority’s website at bra.gov.bb to download and complete a Change of Land Tax Mailing Address form, which should then be […]

    November 25, 2020BusinessNo comments
  10. Automatic Exchange of Information (AEOI) Deadline Extended for 2019 Submissions

    The Barbados Revenue Authority advises all financial institutions based in Barbados that a further extension has been given for submissions of the Automatic Exchange of Information (AEOI). Entities with Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) reporting obligations now have until Saturday, October 31, 2020, to submit the relevant 2019 information […]

    October 8, 2020BusinessNo comments
  11. Ensure Banking Details in TAMIS Are Up-to-Date

    The Barbados Revenue Authority is advising taxpayers to ensure their banking information is accurate and up-to-date in TAMIS. Up-to-date information aids in the quicker disbursement of tax refunds to the public via the electronic transfer of funds to their chosen bank or credit union accounts. Persons should therefore log into their TAMIS accounts and select […]

    September 25, 2020Breaking News, Business, FeaturedNo comments
  12. Employers Reminded to Include Employment Start Dates for PAYE

    The Barbados Revenue Authority is reminding employers to file their monthly Pay As You Earn (PAYE) returns, also ensuring they pay attention to the employment start dates of their employees. When filing PAYE, employers should enter January 1 and the reporting year. For example, if they are filing any PAYE return for 2020, the employment […]

    August 11, 2020Business, FeaturedNo comments
  13. ST MICHAEL SOUTH CENTRAL MP EXPLAINS HOW PAYING VAT ON AMAZON CAN BE BYPASSED

    Relief may be in sight for Barbadians who were accustomed to order online to reduce expenses in paying local tariffs yet faced the prospect of online shopping czar Amazon imposing the Value Added Tax of 17.5 per cent. Parliamentary Representative of St Michael South Central, Marsha Caddle, fielded questions after the ruling Barbados Labour Party’s […]

    March 15, 2020PoliticalNo comments
  14. How To Use EZpay Plus

    This short video explains how to log in, register and pay on the EZpay Plus, the Government of Barbados’ payment platform. To sign-in or register go to https://www.gov.bb/login.php See more by visiting their website – gisbarbados.gov.bb or Facebook page – facebook.com/gisbarbados or see us on Instagram – instagram.com/gisbarbados or hear us on Soundcloud – soundcloud.com/gisbarbados […]

    January 8, 2020Business, Video GalleryNo comments
  15. VAT continues to perform well for NIA in 2019, Nevisian Premier & Finance Minister says

    The Value Added Tax (VAT) continues to be the single biggest revenue generator for the Nevis Island Administration. However, it continues to streamline its VAT Exemption policy. Mark Brantley, Premier of Nevis and Minister of Finance, made that disclosure when he presented the 2020 Budget Address with the theme “Building Resilience, Improving Infrastructure for Long-Term […]

    January 5, 2020PoliticalNo comments
  16. LAND TAX INSTALLMENT DISCOUNT DEADLINE THIS MONTH

    The Barbados Revenue Authority reminds all property owners that October 30, 2019 is the final payment date for the installment discount arrangement. The eligibility requirement for the discount under this four month installment arrangement was that the initial installment payment had to be paid on or before July 26, 2019. Taxpayers should note that the […]

    October 11, 2019Breaking News, Business, FeaturedNo comments
  17. Barbados’ EZPay+ Platform Explained

    Ezpay+ will offer citizens a convenient, simple, secure and fast way of paying for Government services. What’s new? Easy Registration, a brand new interface and three payment options. (Direct Debit, Credit Card, mMoney)  Multiple government agencies can be paid in one transaction.  Users have access to their payment history stored in their account.  Users can […]

    September 20, 2019Business, Video GalleryNo comments
  18. BRA Reminder for Income Tax Prepayments

    The Barbados Revenue Authority (BRA) wishes to remind corporate and self-employed taxpayers to make the relevant prepayments for Corporate Income Tax and Personal Income Tax respectively. Corporate taxpayers with fiscal years ending anytime between January 1 and September 30 have a prepayment due date of September 15, 2019, while those with year ends between October […]

    September 5, 2019Business, FeaturedNo comments
  19. BRA Oistins location reopens today

    The Barbados Revenue Authority wishes to alert Barbadians their Southern Plaza, Oistins location will be reopen for business today, Tuesday, July 23, after closing for three weeks due to an environmental challenge. The issue has been addressed and normal operations can resume. The Authority thanks the public for its patience and cooperation during the period […]

    July 23, 2019Breaking News, Business, FeaturedNo comments
  20. CHANGES TO PERSONAL INCOME TAX RATES

    Employers are asked to note the following changes related to personal income tax as announced in the 2019 Budgetary Proposal and Financial Statement and which came into effect from July 1, 2019. The first income tax band will be up to $50,000 and taxed at a rate of 12.5% while the second tax band on […]

    July 10, 2019Business, FeaturedNo comments
  21. Barbados Revenue Authority’s Oistins Branch Temporarily Closed

    The Barbados Revenue Authority (BRA) wishes to inform Barbadians their Oistins location has been temporarily closed due to environmental challenges. The Authority will advise everyone when normal operations resume. Barbadians should also note all other locations of the BRA remain open for business as usual. These include: the Treasury Building; Warrens Tower II; Holetown Public […]

    July 1, 2019BusinessNo comments
  22. Land Tax Discount Deadline in August

    Property owners have until the end of August to benefit from the discount on the land tax bills for the year 2019-2020. This from manager, communications and PR at the Barbados Revenue Authority, Carolyn Williams-Gayle. “In accordance with the Budgetary Proposals 2019, there will be a single discount of five per cent this year, on […]

    June 13, 2019Breaking News, Business, FeaturedNo comments
  23. BRA Clarifies 2019 Tax Penalty Amendments

    The Barbados Revenue Authority wishes to advise taxpayers that it is aware of the issue in relation to the late penalty application to individual income tax returns filed after April 30th. Please note that the late penalty fee applied to those returns after 30th April 2019 will be reversed when the system update has been […]

    May 5, 2019Breaking News, Business, FeaturedNo comments
  24. EXTENSION GRANTED FOR INCOME TAX FILING

    Taxpayers now have until May 31 to file personal income tax for 2018 and to make their requisite tax payments. The Barbados Revenue Authority has deferred the cut-off date for filing in response to entities in both the public and private sector, indicating issues they have been experiencing with uploading requisite information in TAMIS. This […]

    April 29, 2019Breaking News, Events, FeaturedNo comments
  25. Everything you want to know about VAT on Online Purchases

    The Small Business Association recently invited Professor Avinash Persaud, Special Envoy to the Prime Minister for Investment and Finance, to discuss and answer questions on VAT being applied to online purchases.

    April 23, 2019Education, Video GalleryNo comments