Barbados primed for huge shake-up of tax system after breaking from Royal Family

Barbados primed for huge shake-up of tax system after breaking from Royal Family

BARBADOS is gearing up for an overhaul of its system for a universal basic income, a fortnight after they became the newest republic in nearly three decades.

Prince Charles gives speech in Barbados at ceremony

A Barbados official has suggested that the universal basic income could materialise as a “citizen’s dividend”. Avinash Persaud, the Prime Minister of Barbados’s Special Envoy on Investment and Financial Services, took to Facebook to hint at these plans which will build on the country’s pre-existing social infrastructure. Barbados’s current reverse tax credit is the country’s “first foray” into a universal basic income, according to […]

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