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Barbados Issues Policy Notes on Implementation of 2022 Budget Measures Including the One-Off Pandemic Contribution Levy

|Approved Changes|Barbados
Barbados

The Barbados Revenue Authority has issued policy notes on the implementation of certain measures announced as part of the Budgetary Proposal & Financial Statement 2022. These include:

  • the 15% Pandemic Contribution Levy for companies based on the fiscal years 2020 and 2021 (Link);
  • the monthly 1% Pandemic Contribution Levy for individuals for 12 months beginning 1 April 2022 (Link);
  • the VAT …

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