2020 reverse tax credit available for filing : vimarsana.com

2020 reverse tax credit available for filing


2020 reverse tax credit available for filing
Article by
May 8, 2021
Employees are advised that the 2020 Reverse Tax Credit (RTC) return, better known as the ‘$1300’, is available for filing.  The return should be filed online in TAMIS by December 31, 2022.
Employees eligible for the RTC are those who, during the 2020 calendar year, earned a total annual income below $25,000; had less than a total of $500 income tax deducted from their earnings and worked for at least four months.
Communications Officer with the Barbados Revenue Authority (BRA), Erica Lazare, issued a reminder for persons to make sure their banking details are up to date for quicker refunds.

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