Budget 2017 – Tax Amnesty extended

Government has extended the amnesty on taxes owed for land tax and Value Added Tax (VAT).

Finance Minister Chris Sinckler announced that the amnesty will run from June 1, 2017 to November 30, 2017 during his three-hour budget presentation this evening.

He told Parliament that the previous amnesty, which began in September 15, 2016 to February 15, 2017, raked in more than $35 million in tax arrears.

The Barbados Revenue Authority (BRA) is expecting to collect an additional $25 million this time around.

The revenue collected will go towards paying outstanding income tax refunds.

5 Responses to Budget 2017 – Tax Amnesty extended

  1. Caroline Clarke
    Caroline Clarke May 30, 2017 at 9:42 pm

    I would like back my 302$ that I paid in consolidation taxes. Because if you repealed a tax people who pay should get back their money

    Reply
  2. Sonia L Greaves
    Sonia L Greaves May 30, 2017 at 10:14 pm

    I called to check up. they said when they get funds.
    ……………….

    Reply
  3. Saga Boy May 31, 2017 at 8:12 am

    So when did you pay the tax? After it was repelled or before?

    Reply
  4. Saga Boy May 31, 2017 at 8:14 am

    So when did you pay the tax? After it was repealed or before? If you paid before do,you expect to get it back? If you paid it afterwards why would you have done that?

    Reply
  5. Milli Watt May 31, 2017 at 12:06 pm

    minister you did owe me before I owe you so would like my corn yuh got for me 4 years back taxes NOW before you get a red cent

    Reply

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