Changes To Personal Income Tax Rates

Changes To Personal Income Tax Rates

(Stock Photo) Employers are reminded of the following change related to personal income tax (PIT) as announced in the 2019 Budgetary Proposal and Financial Statement and which will come into effect from January 1, 2020. The second tax band on taxable income over...
Changes To Plastic Ban Announced

Changes To Plastic Ban Announced

The pleas of vendors and retailers for an extension to the deadline for the ban of single use petro-based plastics in Barbados have been answered. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, on Thursday night announced that vendors and retailers...
Prime Minister Announces Budget Day Is March 20

Prime Minister Announces Budget Day Is March 20

Budget day in Barbados is Wednesday, March 20 and Prime Minister Mia Amor Mottley will deliver the annual budgetary proposals at 3:30 p.m., in Parliament. Ms. Mottley made the announcement on Monday evening as she delivered the keynote address at the commissioning of...
Delay In Tax On Online Transactions

Delay In Tax On Online Transactions

Government will delay the introduction of value added tax on online transactions by two months. This disclosure came today from acting Minister of Finance, Ryan Straughn, who explained that Government was in the process of bringing legislation that would allow the...
Mini Budgetary Proposal & Financial Statement

Mini Budgetary Proposal & Financial Statement

The Mini Budgetary Proposal and Financial Statement – All Aboard – For Love of Country – delivered by Prime Minister and Minister of Finance, Economic Affairs and Investment, Mia Amor Mottley, Q.C., M.P. on Monday, June 11, 2018.  Mr. Speaker Sir, I...

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