BRA issues new date for implementation of upper income tax band

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The Barbados Revenue Authority (BRA) today announced a change to the date for implementation of the new upper income tax band from July 1, 2018 to August 1, 2018.

“The introduction of a new upper income tax band of 40 per cent relates to those whose assessible incomes are greater than $75,001 which the Prime Minister and Minister of Finance, Economic Affairs and Investment Mia Mottley announced as part of her mini Budget on June 11,” BRA said in a brief press statement on the matter.

The post BRA issues new date for implementation of upper income tax band appeared first on Barbados Today.

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