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...
Companies Given $40 Million VAT Lifeline

BRA’s Advice For VAT Registrants

(Stock Photo) The Barbados Revenue Authority (BRA) is advising all VAT registrants to update their VAT registration number with the TAMIS Taxpayer Identification Number (TIN) for their business. The new TIN replaces the VAT registration number and must be shown on...
Online Value Added Tax – Your Questions Answered

Online Value Added Tax – Your Questions Answered

Special Envoy to the Prime Minister on Investment and Financial Services, Professor Avinash Persaud, answers your Frequently Asked Questions on the collection of VAT on online transactions. Is the collection of VAT on online transactions a new tax? No. This is a new...

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