Wednesday, April 29, 2026

Over 3 000 must refile taxes, says BRA

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The Barbados Revenue Authority (BRA) is advising more than 3 000 taxpayers who submitted Personal Income Tax (PIT) returns prior to the release of the updated form for Income Year 2025 that they will be required to refile.

The BRA confirmed that returns submitted before March 27, 2026 were completed using an earlier version that did not reflect the expanded credits and revised income thresholds introduced in the 2026 Budgetary Proposals and Financial Statement, delivered by the Minister of Finance on March 16, 2026.

These returns will be removed to ensure that affected taxpayers benefit fully from the updated provisions.

Revenue Commissioner, Jason King emphasised the importance of accuracy in the filing process: “This update ensures that taxpayers benefit fully from the enhanced credits and expanded income thresholds introduced last month. However, it is critical that individuals take a few moments to review their information carefully before filing. Accuracy at this stage prevents delays and ensures taxpayers receive the benefits for which they are eligible.”

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