Barbados Issues Policy Notes on Implementation of 2022 Budget Measures Including the One-Off Pandemic Contribution Levy

The Barbados Revenue Authority has issued policy notes on the implementation of certain measures announced as part of the Budgetary Proposal & Financial Statement 2022. These include:

• the 15% Pandemic Contribution Levy for companies based on the fiscal years 2020 and 2021 (Link);
• the monthly 1% Pandemic Contribution Levy for individuals for 12 months beginning 1 April 2022 (Link);
• the VAT zero-rating on selected personal and critical care items and items that are used primarily to assist…