Retailers Ready For VAT-Free Day

Retailers Ready For VAT-Free Day

Minister in the Ministry of Finance, Ryan Straughn (FP) As Christmas Day approaches, Barbadian consumers can look forward to a much deserved ease this Monday with the VAT-Free Day for shopping and retailers can expect increased sales at their stores. Despite...
Some Barbadians Have Received Tax Refunds

Some Barbadians Have Received Tax Refunds

Press Briefing by the Minister in the Ministry of Finance (Dec. 18, 2021) Over the past two weeks, some Barbadians have received $47 million in income tax refunds and reverse tax credits. Minister in the Ministry of Finance, Ryan Straughn, made this disclosure today,...
VAT Holiday On Monday, December 20

VAT Holiday On Monday, December 20

Press briefing by the Minister in the Ministry of Finance, Ryan Straughn – Dec. 18, 2021. (PMO) There will be a VAT Holiday on goods in Barbados on Monday, December 20. Minister in the Ministry of Finance, Ryan Straughn, made the announcement today during a...
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...

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