New deadline for filing personal income tax
The Barbados Revenue Authority (BRA) today announced an extension to the deadline for filing of the 2019 personal income tax returns to Friday, May 29, 2020.
A press release from BRA said taxpayers will now have an extra month from the original deadline of April 30 to file their returns and make payments.
Penalties and interest on payments made after April 30 will be deferred until the new deadline in May.
BRA said: “As part of the response to limit the spread of COVID-19 in Barbados, there has been reduced operational capacity across the country, however, the authority continues to facilitate the needs of all taxpayers as best as possible.”
The statement said the extension was necessary since several institutions had not yet uploaded information into TAMIS and this was limiting the filing process. The extension gives taxpayers additional time to fulfil their filing and payment obligations.
BRA has encouraged taxpayers whose information is available in TAMIS, to file their returns and make any associated payments as early as possible. (BGIS)
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