Review of TAMIS system underway
Article by May 7, 2021
A decision has not been made yet on whether the Barbados Revenue Authority (BRA) will continue to use the Tax Administration Management Information System (TAMIS).
BRA’s Revenue Commissioner Louisa Lewis-Ward today said while a list of issues associated with the software had been itemized discussions had not reached an advanced stage on if it would be replaced.
“We haven’t had that level of dialogue around the TAMIS system. What we do have is a listing of issues, problems, and some things are right in the TAMIS system as well. So we have a listing of everything we need to address within the system and certainly, we will be taking a look at that listing. The directors are taking a look at it in earnest to see how far we can go to rectify some of the issues which caused taxpayers discomfort in the system.
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.