Collect tax in Barbados
Learn how to use Stripe Tax to calculate, collect, and report tax in Barbados.
In Barbados, Stripe only supports collecting VAT for electronically provided services. In Stripe, these are referred to as “digital products.” To collect this tax on Stripe, you must be a remote seller without a physical presence in the country.
When to register for tax collection
See Thresholds to get insights about your potential tax registration obligations in Barbados. Stripe also notifies you with email and Dashboard alerts when you need to register to collect tax. Learn more about how the monitoring tool works.
Remote sellers providing digital goods or electronically supplied services (digital products) to consumers or businesses in Barbados must register for VAT if their annual revenue is 200,000 BBD or more; and their average monthly revenue is greater than BBD 16,666.67. Stripe monitors the annual threshold, not the monthly average.
- Threshold: BBD 200,000
- Time frame: Current year
- Included transactions: Business-to-consumer (B2C) and Business-to-business (B2B) sales of digital goods or electronically supplied services (digital products)
Register to collect tax
You must be a remote seller with no physical presence in Barbados to collect this tax on Stripe.
Find more information on how to register for VAT in Barbados on the government website.
After you’ve registered to collect tax in Barbados, go to Registrations to add your registrations to Stripe in the Dashboard. This turns on tax calculation and collection in Stripe for your transactions in Barbados.
Learn more about how to add your registration in the Dashboard.
How we calculate taxes
We only support calculations for digital products (non-physical items or services that are delivered, given, or rendered electronically) in Barbados. Stripe doesn’t calculate tax for products that don’t use a digital product tax code.
View the list of supported digital product tax codes. To calculate taxes in Barbados, make sure that you assign a tax code to each of your products.
Report and file your taxes
Stripe provides reports of your completed tax transactions. Go to Registrations to access these reports. Learn more about the different types of reports.
You’re responsible for filing and remitting your taxes to Barbados. Stripe doesn’t file taxes on your behalf.