Barbados Budget – 3/20/2019

Wednesday, March 20, 2019 was budget day here in Barbados.

Changes at a glance

  • Bus fare moves from $2.00 to $3.50
  • Changes in personal income tax band
  • Changes in reverse tax credit
  • Increase on VAT on room level and accommodation
  • VAT on online transactions
  • Increase in Land Tax on properties over a certain value

Here is the detailed analysis from PricewaterhouseCoopers (PWC)

http://246blog.com/files/PwC_BB_Budget_2019.pdf

Here is the detailed analysis from KPMG

http://246blog.com/files/KPMG_BB_Budget_2019.pdf