Property owners are being advised that the date for the first instalment payment of the new Municipal Solid Waste Tax has been extended to Monday, July 28, 2014.
The Revenue Commissioner of the Barbados Revenue Authority, Margaret Sivers, is reminding property owners that the tax may be paid in two equal instalments.
The Municipal Solid Waste Tax bills showing the amount that property owners are required to pay for the current year, have been issued and should be received shortly.
She also explained that the tax is calculated at a rate of 0.3 per cent of the site value of all properties with an improved value, whether for residential or commercial use.
???Failure to pay the tax by the specified dates will result in a penalty of 5 per cent of the tax demanded and unpaid. In addition to the penalty imposed, interest at the rate of one per cent for each month on the penalty and the unpaid tax at the prescribed time will be charged,??? Sivers said.
Persons may pay their Municipal Solid Waste Tax at the following Barbados Revenue Authority locations: Weymouth Corporate Centre, Roebuck Street, St. Michael; the Treasury Building, Bridge Street, Bridgetown; Warrens Tower II, Warrens, St. Michael; Southern Plaza, Oistins, Christ Church and Holetown, St. James.
The cashier posts at these locations will be opened from 8:15 a.m. until 3:30 p.m.??Persons may also drop their cheques in the boxes that are provided at each payment location or pay online via the ezPay service on www.gov.bb.