Nation e-Edition

Online tax rush

Online tax rush Neville Clarke. (FP)

By Mike King | Thu, March 22, 2012 - 12:10 AM

More than 10 000 Barbadians have already filed income tax returns, a record for this time of the year.

Yesterday, senior inspector in the Inland Revenue Department, Neville Clarke, told the DAILY NATION that more than 13 000 Barbadians had already filed online, several weeks ahead of the April 30 deadline.

“It could be the best ever for this time of the year. We are well on the way toward getting a substantial number of people to file early,” he said.

Clarke said that the increased volume was the result of the now smoother and faster computer access and the fear of filing late, which now carries a $500 penalty, up from $100.

Read the full story in today's DAILY NATION.

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Posted by Bim Bum 2 years, 7 months ago
Barbados' income tax dept/system needs to be completely abolished
all employees sent to other Govt. Depts to do alternative work for the real public good!

I have long suspected any revenue gained by Inland Revenue
goes simply to support the salaries of Inland Revenue,
with not much extra revenue being actual profit revenue towards Gov't. coffers!

Government already parasites the public via
17.5% VAT (and going higher? coz it sure ain't coming down!),
endless import duties on everything!
*humongous* taxes on all fuel products(gasoline, diesel, propane!)
did I miss anything?

.... ever-spiralling the cost of living,
to the point where it doesn't make sense to stick around much longer!
Either DIE or get off this overpriced island!
Maybe that is their insidious master plan to reduce island population levels?

Let's dump the Inland Revenue Dept. -soon!

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Posted by Pan Wallie 2 years, 7 months ago
Many others would probably have been able to file early if entities like commercial banks would stop being tardy in dispatching interest statements. From January until now and they can't get their act together. Wouldn't a system of monthly accumulative totals which simultaneously filters whatever is inapplicable, not negate the yearend delay? We have to stop being so primitive.

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