Land Tax

In Barbados, tax is levied every year on land. There are 3 types of land:

  • Improved Land (for Residential purposes)
  • Improved land (for Non-Residential purposes)
  • Vacant Land

Each type of land attracts a different rate of tax dependent on the value of the land. See land tax rates here.

Land Tax Demand Notices (Land Tax) bills are issued annually and sent via post. Bills are required to be paid by March 31 the following year to avoid a penalty of 5% of the unpaid tax plus 1% interest per month on the principal and penalty.