Thursday, March 28, 2024

More than $200m paid in refunds

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GOVERNMENT HAS PAID more than $202 million in various refunds to Barbadians, including businesses, over the last year.

Speaking in the midst of fresh private sector complaints about tardy tax refunds, Minister of Finance and Economic Affairs Chris Sinckler said despite its cash flow challenges, Government was being “acutely sensitive to the legitimate lamentations of many businesses”.

However, while acknowledging these concerns, Sinckler urged businesses and individuals to also pay their dues to the state. He was speaking during the official opening of The Regus Business Centre, One Welches, St Thomas yesterday.

“Over the past year, Government adopted a more assured and aggressive attitude towards dealing with this understandable yet unacceptable situation. This is reflected in the fact that between April 15 [2015] and March 31, 2016, Government paid out roughly $202.2 million in refunds to Barbadians,” the minister said. (SC)

Please read the full story in today’s Midweek Nation, or in the eNATION edition. 

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