Small Business Cannot Get Government to Pay VAT Refund After Two and Half Years

Adrian Loveridge - Owner of Peach & Quiet Hotel

Adrian Loveridge – Owner of Peach & Quiet Hotel

Over the last twenty five years, I believe our small company has been a model corporate citizen on Barbados. We have no outstanding debt to either Government or the private sector, yet next week we will be forced to go cap-in-hand and beg our bankers for an overdraft facility.

Why, you may ask?

Simply to be able to cover our expenses, while we await several VAT refunds totalling over $32,000, which have been overdue for as long as two and a half years. We are told that all the claims have been approved, but are ‘warned’ not to call the VAT office, to chase when payment will be paid. Of course, we have tried to approach Government discreetly by writing to two Ministers with responsibility for either VAT or small businesses, but weeks later, neither have bothered to respond.

Related Links:

Recently under a banner headline in one of the media outlets entitled ‘VAT Division not taking full blame’ VAT division Auditor, Ryan Wiltshire, attempted to spread the blame onto another Government department, stating ‘it was up to the Treasury’.

Frankly, we are not interested, as already it is a burden to prop up what is a clearly unsustainable huge civil service that has been completely isolated from the reality of operating in the real world of commerce.  And it is almost adding insult to injury when you see Government workers driving around in taxpayer funded luxury SUV vehicles.

Rarely a week goes by without hearing one Minister of another spout the importance of supporting small businesses, which are deemed globally as the best vehicles for economic recovery and employment generation. Sadly, this appears only to be more political rhetoric and it is probably best to cease and desist at this time, as few out there believe you anymore.

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No Comments on “Small Business Cannot Get Government to Pay VAT Refund After Two and Half Years”

  1. lemuel April 18, 2013 at 12:50 PM #

    David
    What is worse than that is some years ago we had a british hotelier who ran up an enormous NIS bill fled the Island was taken into custody in Britain but released never to be heard of again. The NIS had ample time to endure that there was some threshold over which companies should not go. Furthermore some thing is wrong with their monitoring program if they have one.

    Like

  2. Adrian Loveridge April 18, 2013 at 1:05 PM #

    lemuel,

    British or German?

    It should not make a difference WHAT nationality the person(s) is/are,
    but the system of collection. It is absolutely clear from OUR experiences that either Politicians and/or Civil Servants have their favourites.

    Like

  3. David April 18, 2013 at 1:14 PM #

    @lemuel and Adrian

    Matthieson from Kings Beach hotel at the time.

    Like

  4. Not Taken April 18, 2013 at 5:20 PM #

    Adrian

    “Must be doing something wrong. I cannot get onto their FaceBook page”
    What a surprise

    Google – barbados value added tax division. First item is
    VAT Division Customs & Excise Dept Barbados | Facebook
    http://www.facebook.com/…/VAT-Division…Barbados/1566465577…VAT Division Customs & Excise Dept Barbados. 6 likes · 0 talking about this

    Am I correct in assuming you have not signed on as a Facebook friend?

    Like

  5. Not Taken April 18, 2013 at 5:32 PM #

    Adrian

    How on earth did NIS allow debt to build up to $5.66 million?

    Guess you could say NIS “got taken to the cleaners”

    Like

  6. Adrian Loveridge April 20, 2013 at 7:08 AM #

    Where there is life, there is hope.
    Received part payment of outstanding VAT refunds for several tax periods including half of what was due for August/September 2009.
    3 years and 7 months to obtain a refund!

    Like

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