Barbados Changes April 1st 2026

Barbados Change Effective April 1st, 2026.

Dear Client,

Please note that, following the Barbados 2026-2027 budget announcement, there will be a reduction in the basic individual income tax rate from 12.5% to 11.5%, and in the top rate from 28.5% to 27.5%, effective April 1st, 2026.

Please find below the instructions to complete the requested changes in the application. Kindly use the navigation provided to access the tax table and apply the updates.

Navigation:Payroll>>Maintenance>>StatutoryDeductions>>Tax Table>>Barbados.

Please ensure these adjustments are made to avoid discrepancies in your payroll calculations for April. If you require assistance, please submit a request to our help desk team. Alternatively, if you are completing the changes independently, kindly notify us once they are done.

Reference: https://bra.gov.bb/News/Policy-Notes/Reduction-of-Personal-Income-Tax-R

Should you have any questions or require further information, please contact us at helpdesk@hrplus.net.