Statement On The Reverse Tax Credit

Statement On The Reverse Tax Credit

Minister in the Ministry of Finance, Economic Affairs and Investment, Ryan Straughn. (FP) The Ministry of Finance, Economic Affairs and Investment has approved the Barbados Revenue Authority (BRA) to disburse $19.4 million for the Reverse Tax Credit to 14,200...
Statement On The Reverse Tax Credit

2020 Reverse Tax Credit Available For Filing

(Stock Photo)  Employees are advised that the 2020 Reverse Tax Credit (RTC) return, better known as the ‘$1300’, is available for filing.  The return should be filed online in TAMIS by December 31, 2022. Employees eligible for the RTC are those who, during...
Personal Income Tax Filing Season Has Begun

Personal Income Tax Filing Season Has Begun

(Stock Photo) Taxpayers are advised that the 2020 Personal Income Tax (PIT) return is available for filing.  All self-employed persons, employees who earned above $25,000 last year as well as pensioners with an annual income above $40,000 are required to file a...
Update Banking Info To Get Reverse Tax Credit

Update Banking Info To Get Reverse Tax Credit

(Stock Photo) The Barbados Revenue Authority (BRA) is calling on persons who have filed for the 2019 Reverse Tax Credit (RTC) earlier this year to update their banking information in TAMIS by Monday, December 7. As part of its efforts to enhance service delivery, the...

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