New tax heaps insult upon injury
About to be unleashed on tens of thousands of Barbados Property owners is a new Tax that over time will cost thousands of dollars per household. Slipped into Parliament, approved and now to be implemented by month end, the first Solid Waste Tax installment is due by the end of June.
Please correct me, but were we not already paying taxes that the government said supported waste collection?
Where are people going to get the money to pay this new onerous tax?
Madness… this is what people in other countries take to the streets for! Help!
BLP Senator Wilfred Abrahams sees the harm coming…
“There are people in Barbados who do not have $215 to pay to keep on the electricity, to keep on the water… I do not believe that legislation aimed at raising revenue should catch people like pensioners. There is a reason they were excluded from Land Tax, there is a reason that concessions are usually being given in respect of pensioners. Why are we dragging them into this catch all?”
Senator Wilfred Abrahams talks to the Barbados Advocate
Meanwhile, Government Senator Maxine McClean says another tax is no problem so shut up.
First Solid Waste Tax Installment Due Month End
Dated June 11, 2014
Property owners are advised that the first installment of the new Municipal Solid Waste Tax should be paid by month-end.
Revenue Commissioner of the Barbados Revenue Authority, Margaret Sivers, said property owners would be allowed to pay the new tax in two equal installments.
“The tax is due and payable on or before Monday, June 30, while the final installment should be paid on or before Wednesday, December 31,” she disclosed.
Ms. Sivers said the tax bills would be issued during the week commencing June 15. She explained that the tax has been calculated at a rate of 0.3 per cent of the site value of all properties on which a structure is erected, as shown on the 2014-2015 land tax notices.
“Failure to pay the tax by the specified dates will result in a penalty of 5 per cent of the tax demanded and unpaid. In addition to the penalty imposed, interest at the rate of one per cent for each month on the penalty and the unpaid tax at the prescribed time will be charged,” she said.
The Municipal Solid Waste Tax was initially announced in the 2012 Financial Statement and Budgetary Proposals to assist in meeting the extensive costs associated with the treatment of the volumes of garbage produced on a daily basis.