Organization : Barbados Revenue Authority
Facility : Check Refund Status
Country : Barbados
Website : https://bra.gov.bb/Refunds/#
Check Refund Status
Check your account status online and track your refund being processed below.
Related : Apply for Villa Rebate Barbados Revenue Authority : www.statusin.org/28945.html
Value Added Tax (V.A.T.)
Tax payers must provide the TIN and the tax return which would state the period and amount.
FAQs :
1. What are exempt supplies?
Exempt supplies are supplies that are not subject to VAT.It should be noted that where a registrant makes exempt supplies, he is NOT entitled to recover allowable input tax in respect of goods and services he has acquired or imported for the purposes of making such exempt supplies.
2. What are the Zero-Rated Basket of Goods?
These are food items that are in the zero-rated basket of goods, which simply means that they currently have a rate of VAT that is zero.
3. What documents are needed to register for VAT?
For Companies :
** Articles of Incorporation (Form 1)
** Notice of Address/Change of Address (Form 4)
** Notice of Directors/Change of Directors (Form 9)
** Request for Name Search/Reservation (Form 33)
** Certificate of Incorporation (Form 3)
For Individuals or Partnerships :
** Application for Business Name (Form 1)
** Certificate of Registration (Form 6)
4. What is a non-taxable activity?
This is an activity carried on essentially as a private recreational pursuit, hobby, engagement, occupation or employment as an officer or employee.
5. What is a taxable activity?
A taxable activity is the operation of any business, charity, society, association, union or other organisation which provides for a subscription or other consideration, facilities or advantages to its members.
Additionally, a taxable activity involves the admission, for consideration, of persons to any place or premises
6. What is the standard VAT rate?
** Currently, the most common VAT rate is 17.5%.
** However, the rate of VAT on mobile services is 22%.
7. What is the VAT threshold?
| Timeline | VAT Threshold | ||
| Commence | End | Annually | Monthly |
| January 1, 2016 | Present day | $200,000 | $16,667 |
| December 1, 2010 | December 31, 2015 | $80,000 | $6,667 |
| January 1, 1997 | November 30, 2010 | $60,000 | $5,000 |
8. When are the VAT filing periods?
The VAT filing periods are shown in the below table :
| Reporting Period | Period | Period Number | Category | Due Date |
| Dec 01 – Jan 31 | 1 | 201701 | A, C | Feb 21, 2017 |
| Jan 01 – Feb 28 | 2 | 201702 | B, C | Mar 21, 2017 |
| Feb 01 – Mar 31 | 3 | 201703 | A, C, D | Apr 21, 2017 |
| Mar 01 – Apr 30 | 4 | 201704 | B, C, E | May 22, 2017 |
| Apr 01 – May 31 | 5 | 201705 | A,C | Jun 21, 2017 |
| May 01 – Jun 30 | 6 | 201706 | B, C, D, F | Jul 21, 2017 |
| Jun 01 – Jul 31 | 7 | 201707 | A, C | Aug 21, 2017 |
| Jul 01 – Aug 31 | 8 | 201708 | B, C, E | Sep 21, 2017 |
| Aug 01 – Sep 30 | 9 | 201709 | A, C, D | Oct 23, 2017 |
| Sep 01 – Oct 31 | 10 | 201710 | B, C | Nov 21, 2017 |
| Oct 01 – Nov 30 | 11 | 201711 | A, C | Dec 21, 2017 |
| Nov 01 – Dec 31 | 12 | 201712 | B, C, D, E, F, G | Jan 23, 2018 |
Who is “a person”?
For Value Added Tax purposes, “a person” is defined as: an individual, a company, a partnership, a joint venture, a trustee in a trust or estate or other unincorporated body e.g. a club, a society or cooperative or statutory body.
Contact Phone Numbers :
Treasury Building : (246) 430-3101/2/3
Warrens : (246) 535-8000
Weymouth : (246) 467-1100
Holetown :(246) 272-7258
Pine : (246) 535-8501
Oistins : (246) 428-7896