Lincoln
Symfony!
   Return to subtopic
Topic / Subtopic:
Fiscal /
Deductions and/or Exemptions

Year 2024
Country Barbados
Variable (Code) Regulation: mortgage loan interest deduction/ families (DF-2-02)
Methodological note HD: Is Mortgage interest deductability from income tax applied?
Source Barbados Revenue Authority. (n.d.). Income Tax Act, Cap. 73.
Note Yes. Owner-occupiers may claim a 'home allowance' for mortgage interest and related costs on an owner‑occupied residence, up to BBD $10,000 per year (Income Tax Act, Cap. 73, s.37)
Date 2024