Reverse Tax Credit, Income Tax Returns to be paid out

It will be a happy holiday season for the 14,200 Barbadians awaiting their Reverse Tax Credits.

They should start receiving the $1,300 refunds for income year 2022, from as early as tomorrow.

Minister in the Ministry of Finance, Economic Affairs and Investment Ryan Straughn says the Ministry has approved the Barbados Revenue Authority (BRA) to disburse $19.4 million for the Reverse Tax Credits.

There’s also good news for the over 30,000 Barbadians awaiting their Income Tax Refunds for 2022.

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