Tag Archives: VAT

VAT Online Transactions

Barbadians have been migrating to purchasing goods and services online. The Mottley government in an effort to bolter government tax revenues  enacted legislation to collect VAT  on online purchases. Just this week the largely popular Amazon communicated to shoppers that “effective March 1, 202, “Amazon World Service (AWS)” would begin to charge VAT at a rate of 17.5% to Barbadian

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Former Minister Maxine McClean Blisters Government’s Decision to Write-off VAT Monies Owed to Taxpayers

The former Minister of Foreign Affairs and Leader of Government Maxine McClean and Leader of government business in the last administration made a very interesting contribution to the radio talk show Brasstacks on the 8 August 2019. Her contribution severely criticized government’s decision to write-off penalties, interest owed on VAT in the 1996 to 2000 period and a waiver of

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Was Michael Carrington VAT Registered When he Invoiced the BIDC 706 thousand dollars?

The startling revelation that Hal Gollop submitted an invoice in 2017 to the Barbados Water Authority (BWA) for 1.5 million dollars continues to raise eyebrows. See BU’s blog post – Hal Gollop’s 1.5 Million Dollar Invoice which went viral. It was also revealed that former Speaker Michael Carrington submitted an invoice to the BIDC for $706, 450 for providing legal

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Time to REMOVE the VAT

Submitted by Wayne Cadogan Now that the dust has settled regarding the National Social Responsibility Levy (NSRL) I would like to add my two cents to the debate. All countries have always had to depend on taxes to run their country and clearly, the Value Added Tax (VAT) did not accomplish what it was intended to do. The main reason

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Looking Ahead For The Better

Submitted by Old Onion Bags The taxation assault that was unleashed on Barbados, has brought about what is occasioned today …a total slow down of the economy and negative or no growth pattern during the five year implemented. It was a mistake to increase VAT from 15% to 17.50% in order to bring additional revenue in a time of recession

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Dr. Justin Robinson Misrepresented On VAT Issue: Pondering The Options – Increase The VAT Or Lobby For The Dreaded Wage Freeze

The following statement was received from Head of Management Studies Dr. Justin Robinson, UWI, Cave Hill I want to state categorically that I did not call for an increase in VAT.  The traditional media chose the sensational approach to the issues raised in a panel discussion titled, The Fiscal Deficit, Causes and Possible Solutions.  In my presentation I outlined what

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