REGISTRANTS REMINDED TO FILE ACCURATE RETURNS

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Registrants are again being urged to file accurate Value Added Tax (VAT) returns as outlined in section 45 (1) of the VAT Act CAP 87.

According to an official of the VAT Division of the Customs and Excise Department, inaccurate returns submitted to the Comptroller are recorded as errors and not as returns filed.

“Therefore, refunds claimed cannot be paid until accurate returns are filed for all previous taxable periods,” the official explained.

Registrants requesting further information to complete their VAT returns should contact the VAT Office at 467-1100.

gapplewhaite@barbados.gov.bb

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