Global Daily Tax News, Barbados Updates CIT Return, Extends Deadline, (Jun 17, 2025)

The Barbados Revenue Authority has announced the release of an updated corporate income tax return in the authority's tax reporting platform, TAMIS.

Alongside the release of the revised corporate tax return for 2024, the filing deadline has been further extended to July 31, 2025, for all companies regardless of whether their fiscal year ends between January 1 and September 30 or October 1 and December 31.

The extension applies only to filing obligations; monthly CIT prepayments must continue to be paid by the 15th of each calendar month, the BRA said.

The BRA stated: "Taxpayers should delete any draft versions of the previous return saved in TAMIS before starting a new submission. The Authority recommends using the Firefox browser and advises all users to clear their browser cache before filing."