Tag: reverse tax credit
Reverse Tax Credit increased for lower-income earners
Increases to the Reverse Tax Credit (RTC) and Compensatory Income Credit (CIC) for the 2025 income year, aimed at putting more money back into...
BRA: Tax refunds for 2022 completed
The Barbados Revenue Authority (BRA) says it has completed the tax refunds for 2022 Reverse Tax Credits (RTC) and 2022 Personal Income Tax (PIT).
In...
$40 million approved for reverse tax credit and income tax
The wait is finally over.
As early as tomorrow, approximately 45 000 Barbadians will start to receive the promised $1 300 reverse tax credit, as...
BRA: Taxpayers to be paid personal income tax refunds
Some taxpayers have received their 2020 Personal Income Tax (PIT) refunds as well as their 2020 Reverse Tax Credit refunds.
In a press release today,...