IRD Barbados Tax Administration Modernization Project

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Additional Third Party Information Thatwill be required by the <strong>IRD</strong>1. Residential mortgage interest2. Household insurance premiums3. Co-operative society savings andwithdrawals4. Pension plan contributions andwithdrawals5. Mutual fund purchases and withdrawals6. National Insurance Benefits
Other Changes in Support ofElectronic Filing•Additional Information on <strong>Tax</strong> ReturnsSuch as:• Residential Mortgage Interest• Home Insurance Premiums• Withdrawal Savings from Co-operativeSocieties• Mutual Funds withdrawal
Page 1 and 2: Inland Revenue Department - Barbado
Page 3 and 4: Key Concepts‣Web Based Services
Page 5 and 6: Taxpayer Identification Number• I
Page 8 and 9: 1995?• Barbados Inland Revenue Re
Page 10 and 11: Remember…. in 2009•No paper att
Page 12 and 13: How is Third Party InformationUsed
Page 17 and 18: Example of Third Party ReportingRes
Page 19 and 20: Electronic Filing and ReportingA Ta
Page 21 and 22: Reporting Information• Taxable tr
Page 23 and 24: Reporting Information• The key el
Page 25: End of PresentationThank You

IRD Barbados Tax Administration Modernization Project

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