Barbados Tax Agency Announces Deadlines, Thresholds for Filing Tax Returns

The Barbadian Revenue Authority March 28 announced the deadlines for filing Personal Income Tax (PIT) and Reverse Tax Credit (RTC) returns, as well as the thresholds for the mandatory filing of PIT returns. The announcement includes: 1) the April 1 start date for tax filing season 2023; 2) the April 30 deadline for 2023 PIT returns; 3) a deadline of Dec. 31, 2025, for 2023 RTC returns; 4) that employees who earned above 25,000 Barbadian dollars (US$12,500) and pensioners with an annual income above $45,000 dollars (US$22,500) must file PIT; 5) that taxpayers should file their income tax returns online; ...