Contributory Pensioners Must Register In TAMIS

bgis Ministry News

The Barbados Revenue Authority (BRA) is advising all pensioners who receive a contributory pension to register in the new Tax Administration Management Information System (TAMIS) by March 31, 2019. However, pensioners who receive a non-contributory pension are not required to register in TAMIS. This is the word from BRA Communications Officer, Erica Lazare, who revealed that many contributory pensioners are …

BRA Extends Third-Party Filing Deadline

bgis Ministry News

Owing to the number of challenges being experienced by entities in gathering their information for annual third-party tax obligations, the Barbados Revenue Authority (BRA) has extended its deadline to March 31, 2019. BRA Communications Officer, Erica Lazare, revealed the decision was made in response to requests from many companies and employers who are having difficulty acquiring the new Tax Identification …

Notice From Barbados Revenue Authority

bgis Ministry News

The Barbados Revenue Authority (BRA) is advising employers that their January 2019 Pay As You Earn (PAYE) payments due in February 2019 will be accepted without the requisite electronic payment advices. This move is to accommodate corporate and business taxpayers, in light of the new requirement to upload a breakdown of the PAYE for all of their employees in the …

Third-Party Providers Can Now Upload To TAMIS

bgis Ministry News

Third-party information providers can now use the new Tax Administration Management Information System (TAMIS) to file all relevant statements for the reporting of amounts paid to or received by all resident persons during the 2018 income year. Providers are expected to upload these forms by February 28, 2019, in order for individual taxpayers to file their returns in April 2019. …

BRA Warns Of False Cheques

bgis Ministry News

The Barbados Revenue Authority has advised business entities, financial institutions and members of the public to be vigilant when receiving and handling cheques. This warning comes as fraudulent cheques purporting to be from the Authority have been reported. The Authority also advises that cheques should be cashed at commercial banks, and warns that entities which accept cheques as payment do so at their own …

BRA Conducting Land Revaluations

bgis Ministry News

The Land Valuation and Assessment Department of the Barbados Revenue Authority (BRA) will be conducting property revaluations around the island beginning this month.  This exercise will run until March 2020. Property owners and residents are asked to note that the Authority’s Valuation Officers will be in the field assessing properties and taking pictures.  The officers will be in uniform and …

Revenue Authority Tax Fair In City On Friday

bgis Ministry News

The Barbados Revenue Authority will host a Tax Fair this Friday, February 1, in Heroes Square, from 9:00 a.m. to 3:00 p.m. Officers will be available to assist with TAMIS registrations and queries, as well as general queries. For more information, persons may visit www.bra.gov.bb . Barbados Revenue Authority See also: READ MORE Contributory Pensioners Must Register In… anemptytextlline READ …

TAMIS Registration Reminder From BRA

bgis Ministry News

The Barbados Revenue Authority is reminding all taxpayers that they are required to register in the new Tax Administration Management Information System (TAMIS) in order to pay and file their Value Added Tax (VAT), Pay as You Earn (PAYE) and Corporation Income Tax obligations. For persons who are already registered and have submitted paper returns for VAT, PAYE and Corporation …

COTA Executive Council Discusses Tax Priorities

bgis Ministry News

The Caribbean Organisation of Tax Administrators (COTA) is moving forward with plans for the 25th General Assembly and Technical Conference. Following the two-day meeting of the COTA Executive Council, hosted by the Barbados Revenue Authority, the eight-member group outlined a provisional programme for the conference scheduled for July 2019 in the Turks and Caicos Islands. Tax Administration Jamaica’s representative on …