With the start of the 2020 personal income tax filing season quickly approaching, the Barbados Revenue Authority (BRA) is encouraging persons to check the third-party information uploaded on their behalf.
According to Communication Officer at the revenue collection agency, Erica Lazare, now is the time for persons to check the accuracy of the information in their TAMIS account as it will directly impact their tax return when filing opens.
“It is important that persons check that information has been indeed uploaded and that the figures are accurate, as this is what will be pre-loaded in the tax return,” she explained.
“This third-party information is made up of items like your employment income, pension and tax deducted, as well as your charity donations, trade union dues, goods and services income from contracted work and NIS benefits such as maternity and unemployment.”
Ms. Lazare also indicated that to access this information, persons should log into their TAMIS account, and follow three steps.
“First, click the Account tab to select the Third-Party Information option from the drop-down list, then select the year 2020 and click Search. Once this is done, all 2020 third-party information that has been uploaded for the taxpayer will be shown in their account,” she explained.
“After reviewing the list, if any information is missing or incorrect, the taxpayer should contact the party responsible for uploading it. Examples of these entities include the taxpayer’s employer, church, union or affiliated charity, to alert them to make the necessary correction. This way, you can be confident in filing an accurate return when tax filing season begins.”
Additionally, the Authority reminds persons to go to the Update Details tab in their TAMIS account if they have changed their address, contact or banking information.