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Huge cut in tax revenue as BRA under 'pressure' to collect


Huge cut in tax revenue as BRA under ‘pressure’ to collect
Article by
February 26, 2021
Facing a huge slump in tax revenue from the coronavirus pandemic, Government’s chief tax collector has told business accountants that “pressure” is building on the Barbados Revenue Authority (BRA)  to make up the shortfall by collecting unpaid taxes.
Revenue Commissioner Louisa Lewis-Ward on Thursday put companies on notice that she won’t be afraid to enforce penalties on those who continue to fail to file their tax returns.
But even as she promised to step up the pace of paying out overdue tax refunds, Lewis-Ward declared that “on the flip side of refunds, always is the collection side”, as she spoke at the Institute of Chartered Accountants of Barbados annual tax forum. ....

Anthony Gittens , Louisa Lewis , Barbados Revenue Authority , Institute Of Chartered Accountants Barbados , Compliance Division , Commissioner Louisa Lewis Ward , Chartered Accountants , Revenue Commissioner , Value Added Tax , Gaming Act , அந்தோணி பூனைகள் , லூயிசா லெவிஸ் , பார்படோஸ் வருவாய் அதிகாரம் , நிறுவனம் ஆஃப் பட்டய கணக்காளர்கள் பார்படோஸ் , இணக்கம் பிரிவு , ஆணையர் லூயிசா லெவிஸ் வார்டு , பட்டய கணக்காளர்கள் , வருவாய் ஆணையர் , மதிப்பு வரி , கேமிங் நாடகம் ,

Not the last challenge from EU - Barbados Today


Not the last challenge from EU
Article by
February 26, 2021
Although rejoicing that Barbados has been removed from the European Union’s (EU) so-called blacklist, Minister of International Business and Industry Ronald Toppin remains sceptical of the political and economic bloc, saying he sees a rough road ahead due to expected continued shifts in goal posts.
At the same time, one of Barbados’ lead tax negotiators is predicting that the island could come up against taxation and sanctions on the quickly growing digital economy.
Speaking on Thursday at the annual tax update seminar hosted by the Institute of Chartered Accountants of Barbados (ICAB), Toppin said he remained optimistic the country would be able to overcome future obstacles relating to tax compliance. ....

Kevin Hunte , Ronald Toppin , International Business Division , Barbados Revenue Authority , Institute Of Chartered Accountants Barbados , Eu Council , Global Forum Secretariat , Organisation For Economic Cooperation , International Business , Laundering Authority , International Business Unit , Exchange Of Information , Property Office , Global Forum , European Union , Global Forum On Transparency , Corporate Affairs , Industry Ronald Toppin , Chartered Accountants , Economic Cooperation , Tax Purposes , Intellectual Property Office , Anti Money Laundering Authority , கெவின் வேட்டை , ரொனால்ட் தோப்பின் , சர்வதேச வணிக பிரிவு ,

Adopt Our Families Programme gets $15, 000 injection


Acting Permanent Secretary in the Ministry of Finance, Octavia Forde (left) and Minister in the Ministry of Finance, Ryan Straughn, receive the cheque for the Adopt Our Families Programme from ICAB President, Lydia McCollin (second from right) and Executive Director, Kathy-ann Hewitt.
Government’s Adopt Our Families programme has received an injection to the tune of $15,000.
On Thursday, President of the Institute of Chartered Accountants of Barbados (ICAB), Lydia McCollin, and Executive Director, Kathy-ann Hewitt, presented Minister in the Ministry of Finance, Ryan Straughn, with a cheque to assist those vulnerable households which have been severely impacted by the COVID-19 pandemic. ....

Ryan Straughn , Lydia Mccollin , Our Families Programme , Institute Of Chartered Accountants Barbados , Adopt Our Families , Chartered Accountants , Executive Director , Kathy Ann Hewitt , Accountant Week , Adopt Our Families Programme , Director Hewitt , ரியான் கஷ்டமான , அவர் குடும்பங்கள் ப்ரோக்ராம் , நிறுவனம் ஆஃப் பட்டய கணக்காளர்கள் பார்படோஸ் , பட்டய கணக்காளர்கள் , நிர்வாகி இயக்குனர் , கத்தி ஆண்டு ஹெவிட் , கணக்கர் வாரம் , இயக்குனர் ஹெவிட் ,