Tax refunds process to be accelerated

Barbadian taxpayers could expect to get their refunds much quicker in the New Year.

Minister of Finance Chris Sinckler gave the assurance during an interview with Barbados TODAY, in which he admitted that the process to date had been slow.

However, he also pointed out that it had never stopped, while blaming the delay in payments on cash flow difficulties.

Minister of Finance Chris Sinckler
Minister of Finance Chris Sinckler

“It is not true to say that tax refunds are not being paid. There are being paid, but not at a rate equal to what . . . or commensurate to what people are accustomed to, and our commitment is to try to have that accelerated in the New Year so as to get through with that as soon as possible.

“[It] is $79 million worth of tax refunds that we are to do; and as you know Government has been having cash flow challenges, when Government is not getting the cash . . . or in the amounts that we would like,” he said.

The Minister of Finance however stressed that people would receive their money, even though it would take “a bit longer”.

Spokeswoman for the Barbados Revenue Authority (BRA) Erica Lazare told this newspaper that the latest payments went out last week, but could not specify when the next installments would be made.

Lazare said refunds would be disbursed as the money came to hand.

While she noted that payments had started in August, the BRA public relations specialist was unable to say how much money had been released so far.

25 Responses to Tax refunds process to be accelerated

  1. Michelle Joseph
    Michelle Joseph December 24, 2014 at 10:04 pm

    Receiving is believing 😉

    Reply
  2. Rawle Maycock
    Rawle Maycock December 24, 2014 at 10:09 pm

    Government was brock fuh years.

    Reply
  3. Cherylann Bourne-Hayes
    Cherylann Bourne-Hayes December 24, 2014 at 10:11 pm

    Dors that mean they wil get them the next business day?

    Reply
  4. Tonia Husbands
    Tonia Husbands December 24, 2014 at 10:12 pm

    Hmmmm

    Reply
  5. Alisa Cox-West
    Alisa Cox-West December 24, 2014 at 10:17 pm

    Even on big Christmas Eve he still lying?! Looking for your tax refund? Check his blasted pockets cuz it is quite clear he is not going hungry this year or ANY other year for that matter cuz he is fatter than the ham on my table this holiday! SMH

    Reply
  6. Matthew Greaves
    Matthew Greaves December 24, 2014 at 10:18 pm

    I would like to think that the tax refunds will show the interest incurred for the long time taken to process them and disburse them

    Reply
    • Matthew Greaves
      Matthew Greaves December 25, 2014 at 6:07 am

      That was not meant to be a joke cause from everyday counting after the deadline tax payers should be paid interest thats the law

      Reply
  7. Verna Phillips
    Verna Phillips December 24, 2014 at 10:29 pm

    Get on with it then!

    Reply
  8. Matthew Greaves
    Matthew Greaves December 24, 2014 at 10:38 pm

    And the most ignorant part is that they still taking out ppl people taxes out of their wages and salaries for 2015 and cant even pay 2014 stupes.

    Reply
  9. Ryan Marshall
    Ryan Marshall December 24, 2014 at 10:58 pm

    But let’s us know when how cum ya pay it and it’s be very fast to take out and now ya can’t get it where the income tax money realy is come clean mr c s

    Reply
  10. Latoya Willoughby-Brathwaite
    Latoya Willoughby-Brathwaite December 24, 2014 at 11:01 pm
    Reply
  11. Frank Gilkes
    Frank Gilkes December 24, 2014 at 11:29 pm

    well I have already given up Chris, when it come it come, I hope elections come first.

    Reply
  12. Cecilia Cooke-Hunte
    Cecilia Cooke-Hunte December 24, 2014 at 11:30 pm

    Got mine

    Reply
  13. Pullhead Davis
    Pullhead Davis December 24, 2014 at 11:58 pm

    When my cheque come and it dont bounce at bank I would believe him

    Reply
  14. Kerry-Ann Wilson
    Kerry-Ann Wilson December 24, 2014 at 11:58 pm

    Wuh he look like tho???

    Reply
  15. Sterlin Blackman
    Sterlin Blackman December 25, 2014 at 12:00 am

    All this means is that he will borrow the two millions being offered so he will spend what he have holding on store now.

    Reply
  16. Alex Alleyne December 25, 2014 at 1:05 am

    Receiving is believing . Only time will tell .

    Reply
  17. Tony Webster December 25, 2014 at 1:21 am

    We are clearly, evidently , and un-ambigiously now reduced to “Han’ to mout”. In some cases… mostly mout’.
    Greetings to fellow-Bajans all, in His Holy and exalted son’s name. Rejoice in His love, and His most wonderful ways, and pray unceasingly for our country. Never allow your Christian faith to waver. Our redeemer liveth. He liveth in you, and in me.
    Happy Christmas to each and everyone.

    Reply
  18. Cherise Unique Rock
    Cherise Unique Rock December 25, 2014 at 1:43 am

    Stupse! A calypso comes to mind “Nuh lot uh long talk!”

    Reply
  19. Margaret Lorde
    Margaret Lorde December 25, 2014 at 4:04 am

    I hope the accumulated interest process is being sped up too…October has long gone.

    Reply
  20. Caroca Cabrinie
    Caroca Cabrinie December 25, 2014 at 6:37 am

    That last thing i want to see so early on christmas morning is anything about tax

    Reply
  21. Rosanna Lewis
    Rosanna Lewis December 25, 2014 at 8:04 am

    I hope that we will be seeing the relevant interest attached to these payments whenever they are disbursed.

    Reply
  22. Rosanna Lewis
    Rosanna Lewis December 25, 2014 at 8:04 am

    I hope that we will be seeing the relevant interest attached to these payments whenever they are disbursed.

    Reply
  23. Terry Clarke
    Terry Clarke December 25, 2014 at 8:06 am

    FOOLISHNESS, I SAY, and many of you all like this and live for this rhetoric!!!!!!!!

    Reply
  24. Terry Clarke
    Terry Clarke December 25, 2014 at 8:06 am

    FOOLISHNESS, I SAY, and many of you all like this and live for this rhetoric!!!!!!!!

    Reply

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