Tax Delinquent Properties Up for Sale in Barbados

·       Moreland tax defaulters have had their properties put up for auction by the Barbados Revenue Authority, but the owners have been given until the day of the sale to come up with the arrears and reclaim their lands.

 

·       This was announced from last year when the tax collection agency stated that it would be seeking to recoup monies from chronic land tax defaulters and started by publishing 68 properties for sale with arrears totaling approximately BBD$15Mn inclusive of penalties and interest.

 

·      The auctions are scheduled between January and February 2020, but property owners have up to the day of the auction to contact the Barbados Revenue Authority and arrange to pay their arrears.

 

(Source: Barbados Today)