Land Tax Bills Issued

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Land owners are advised that land tax bills for the year 2009-2010 have been released and will bear an issue date of September 7, 2009.

This is according to Commissioner of Land Tax, Wayne Forde, who noted that a discount of 10 per cent would be allowed on all accounts which are paid in full, before October 7, 2009. In addition, a five percent reduction will be given to all accounts which are settled after October 7, but before November 6, 2009.

Meanwhile, Mr. Forde also reminded the public that the Land Tax Amnesty for accounts in arrears up to tax year 2007-2008, would conclude on November 29, 2009.

He explained that the amnesty took the form of a waiver of all penalties due and 50 per cent of the interest owed on all accounts up to tax year 2007-2008. The Land Tax Commissioner stressed, however, that in order to qualify for the waiver, taxpayers must ensure that the total outstanding amount for the respective year is fully paid by November 29.

Taxpayers requesting further information are asked to contact the Land Tax Department at telephone number 426-5686.

gapplewhaite@barbados.gov.bb

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