Late rush to file taxes

A police officer maintaining order as late tax filers turned up at the Treasury Building yesterday.

Tue, May 01, 2012 - 12:04 AM

WELL BEFORE the 8:15 start of work at the Inland Revenue Department yesterday morning, scores of Barbadians lined up outside the Treasury Building in a last-minute rush to file their taxes on the April 30 deadline and avoid the $500 fine for late filing.

In lines snaking into the building, Barbadians from all walks of life gave myriad reasons why they had waited until the last day to file their claims. Most indicated that their tardiness was due to challenges with filing online, as well as the customary last-minute behaviour by Bajans.

Some individuals also indicated they had forgotten their passwords and had turned up to be given their passwords to log onto the system to do their online filing. And some said they were returning after the long lines on previous days had deterred them.

One teen told the DAILY NATION she had worked during the holidays and was keen to file as she could find something to do with her expected refund.

Read the full story in today's DAILY NATION.

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Posted by Bim Bum 1 year ago: This public harrassment of having to file, must stop.
The Income Tax laws need to be changed,
if not thrown out in their entireity!

ABOLISH ALL INCOME TAX IN BARBADOS.
First, one's income is taxed.
Then you go shopping with what's left.
On the way into Town, you fill up at a gas station, where *two-thirds* of what you pay goes into Govt. coffers -NOT to the Oil. Company!
When you get into town and buy goods, you are ALREADY paying hefty importation taxes on the goods
AND THEN Gov't. wrings it off in you....that final taxation insult...VAT at 17.5%.

All in all, it's easy to see
that something like 60-75 cents of every dollar you spend
ENDS UP IN GOVT. POCKETS, directly or indirectly!

Why don't I feel good about the astronomical cost-of-living on this island??