Thursday, April 25, 2024

Income tax jam


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BARBADIANS rushing to beat the April 30 tax filing deadline, including pensioners having challenges with the new system, are likely to get an extension and avoid the $500 penalty.

A well-placed source told the DAILY NATION yesterday the extension should be announced soon.

The move is the result of a host of complaints from taxpayers of being unable to complete the process in the new Tax Administration Management Information System (TAMIS) because of missing information.  (GBM)


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