Monday, April 22, 2024

BRA: Employers responsible for employee TINs for monthly PAYE

Date:

Share post:

The Barbados Revenue Authority (BRA) is advising employers that they are responsible for acquiring the Tax Identification Numbers (TINs) of their employees and for ensuring they have all relevant information when submitting their monthly PAYE returns in the Tax Administration Management Information System (TAMIS).

Employers should also note that monthly PAYE returns are similar to the PAYE Reconciliation return with information akin to that of the TD5 slips in the previous ETAX system. A breakdown for each employee showing TINs, names, total remuneration before deductions, income tax deducted, travelling, basic monthly salary and other pertinent information is required. Please note that only valid TAMIS TINs can be used.

When filing the monthly PAYE return, employers can either utilise the e-filing web form option or the bulk e-filing option on the TAMIS website, https://tamis.bra.gov.bb.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Sunil Narine rules out West Indies comeback for T20 World Cup

Sunil Narine has ruled himself out of a recall to West Indies' squad for the forthcoming T20 World Cup...

Taiwan rattled by 6.1 magnitude earthquake amid numerous tremors

Taiwan was hit with a magnitude 6.1 earthquake in the early hours of Tuesday local time (2:32 p.m....

Trump hush money trial was ‘election fraud pure and simple’, prosecutors say

Donald Trump “orchestrated a criminal scheme to corrupt the 2016 presidential election” by covering up an alleged affair...

Nicki Minaj throws item back into crowd after nearly getting hit by object onstage

Nicki Minaj was left unimpressed after a fan threw an object at her onstage. In a video shared by Pop Crave on...