Friday, March 29, 2024

BRA gives tax extension until July 9

Date:

Share post:

The Barbados Revenue Authority (BRA) is granting a further extension until July 9 to corporate and business taxpayers for their June 2018 tax obligations.

According to BRA Communications Officer, Erica Lazare, this move was made to afford more time to people, especially tax agents, in utilising the BRA’s recently launched online, integrated Tax Administration Management Information System (TAMIS).

“Although the BRA is quite pleased with the over 8 000 registrations we received thus far in TAMIS, we made the decision to give an additional extension after engaging with our key stakeholders, the tax agents, who have the responsibility of registering, filing and making payments on behalf of thousands of their clients. They expressed the need for additional time to complete their clients’ tax obligations in our new system,” she asserted.

She added that employers, sole traders, corporations and business owners are therefore being urged by the Authority to ensure they take this opportunity to register in TAMIS in order to meet their tax deadlines.

The tax returns and related payments due by July 9 are: Corporation Tax, PAYE, Withholding Tax, Premium Tax, Value Added Tax, National Social Responsibility Levy and Excise Tax. (PR)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

No decision yet on Lester Vaughan School

A firm decision has not yet been made regarding when the Lester Vaughan School will be reopened. Following a...

BDF to conduct simulation exercise on April 2 & 3

The Barbados Defence Force (BDF) will conduct a Mass Casualty Simulation Exercise from Tuesday, April 2, to Wednesday,...

Barbadians reminded to file taxes online as filing season starts

The Barbados Revenue Authority (the BRA) is advising that tax filing season for 2023 begins on April 1 this...

Minister Abrahams’ statement on Ismail Patel’s passing

Below is the full statement by Minister of Home Affairs and Information, Wilfred Abrahams: I was saddened to...