BARBADOS-International and local property owners have until month end to benefit from tax discounts.

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BRIDGETOWN, Barbados, CMC – Property owners are being urged to take advantage of an extended online 10 percent discount on their 2023-24 land tax bills, with the Barbados Revenue Authority’s (BRA) indicating that they have until Sunday to do so.

BRA communications officer Erica Lazare said that to benefit from the 10 percent discount, payments must be made in full on the Land Tax portal by December 31 this year.

She said that the BRA is pleased with the positive impact of the new portal on both local and international property owners as it provides an “easy, direct, and secure” way to view and pay taxes.

“Enhancing service delivery is a critical strategic priority for the Authority, and the land tax portal is an initiative contributing to achieving this. As an institution, we want to facilitate greater self-service and compliance. This service option does that for property owners in Barbados and abroad.

“We launched the land tax portal in August 2023, and the feedback we have received from the various taxpayer segments locally and in the diaspora has been positive,” Lazare added,

She reminded taxpayers to register on the portal before making online payments using a debit or credit card.

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