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Can you imagine that my child is very ill and I give up my job to take care of him and now I cannot receive any benefit – sickness or unemployment, why is this?

According to our regulations, you cannot receive sickness benefit since you have not been rendered incapable of work as a…

NIS Barbados - I have a history of job-related illness, which has led to my employer finally terminating my services. Should I claim sickness or unemployment benefit?

Your entitlement to sickness benefit would have to be determined by a registered medical practitioner considering you to be incapable…

NIS Barbados - Why does it take so long sometimes to receive benefits?

There are numerous factors that can prevent a claim from being processed. They range from the non-completion of claims, the…

As a self employed person, what percentage of my income is subject to personal income tax

Any monies over $25000.00 per year is deemed taxable:  Monthly – any monies over $2083.88;  Weekly –  any monies over $480.76…

Can I pay Personal Income Tax (P.I.T) monthly instead of waiting an entire year?

Yes you may! This is called prepayments of income tax for the coming period. These are facilitated via the TAMIS…

How to File Your Barbados Personal Income Tax Return

Before Filing your personal Income Tax (PIT) please have the following ready: Valid TAMIS Tax Identification Number Your TAMIS username…

What do I need to file for a Reverse Tax Credit (RTC)

You will need a valid TAMIS-issued Tax Identification Number (TIN). Your username and password. Your spouse’s valid TAMIS-issued TIN (where…

Who DOES NOT qualify for a Reverse Tax Credit?

Directors Self-employed persons Persons who earn income from goods and services

Who qualifies for Reverse Tax Credit (RTC)?

Individuals who are residents of Barbados; Earns $25,000 or less yearly but not more than $2083.33 monthly; You have worked…