BRA Collects Just Over $2.24 Billion In Revenue

BRA Collects Just Over $2.24 Billion In Revenue

(Stock Photo) For the fiscal period ending March 31, 2021, the Barbados Revenue Authority (BRA) collected just over $2.24 billion. However, says the Revenue Commissioner at the BRA, Louisa Lewis-Ward, this amount is down by over $208 million in comparison with the...
PAYE & VAT Deadlines Extended

PAYE & VAT Deadlines Extended

(Stock Image) The Barbados Revenue Authority (BRA) advises employers and businesses that the deadlines for PAYE and VAT filing dates have been extended to April 30, 2020. Taxpayers should also note that the tax payment deadlines currently due...
No Double Taxation With Online VAT

No Double Taxation With Online VAT

Minister in the Ministry of Finance, Ryan Straughn. (FP) Minister in the Ministry of Finance, Ryan Straughn, has given the assurance that Barbadian consumers will not be double taxed when the 17.5 per cent VAT is introduced on online purchases. Mr. Straughn made the...
BRA: Change VAT Number To TAMIS TIN

BRA: Change VAT Number To TAMIS TIN

(Barbados Revenue Authority) The Barbados Revenue Authority is advising all VAT registrants to update relevant documentation with the TAMIS Taxpayer Identification Number (TIN) for their business.   As part of the registration process for the new tax system,...

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