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BRA: Update Banking Information to Get Your Reverse Tax Credit

BRA: Update Banking Information to Get Your Reverse Tax Credit

(Bridgetown, December 3, 2020) The Barbados Revenue Authority is calling on persons who have filed for the 2019 Reverse Tax Credit (RTC) earlier this year, to update their banking information in TAMIS by Monday, December 7.

As part of its efforts to enhance service delivery, the Authority has committed to delivering amounts via direct deposit. Therefore, it is important for persons to enter accurate information in TAMIS as this facilitates a faster payment process.

At this time, however, the Authority is specifically asking those persons eligible for the Reverse Tax Credit to go to the Update Details tab in their TAMIS account to enter their current bank or credit union account details, so that these payments can be issued. To date a large number of RTC recipients have not provided their banking details.