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Barbados Tax Information

17.5% VAT

VAT is 17.5%. Registration required above BBD 200,000 turnover. BRA registration required.

Physical Therapist Services to Invoice

  • PT evaluation
  • Manual therapy
  • Therapeutic exercise
  • Gait training
  • Ultrasound therapy
  • Home exercise plan
  • Neuromuscular re-ed

Invoice Requirements in Barbados

TIN number
VAT registration
Client TIN
Invoice number
VAT (17.5%)
Total in BBD

Payment Terms

Co-pays due at service. Insurance billed monthly. Cash pay packages available.

CashNet 14Net 30EOM

Payment Methods in Barbados

Bank TransferFirst CaribbeanRepublic BankCredit CardCash

Physical Therapist Invoice Tips

  • Include CPT codes
  • Note functional goals
  • Reference referral source
  • Document progress
  • Track authorization

Frequently Asked Questions

What tax rate applies to physical therapist invoices in Barbados?

Barbados has 17.5% VAT. VAT is 17.5%. Registration required above BBD 200,000 turnover. BRA registration required.

What payment methods are common for physical therapists in Barbados?

Common payment methods in Barbados include: Bank Transfer, First Caribbean, Republic Bank, Credit Card, Cash. Co-pays due at service. Insurance billed monthly. Cash pay packages available.

What should physical therapist invoices include in Barbados?

Your invoice should include: TIN number, VAT registration, Client TIN, Invoice number. For physical therapist services specifically, also include: PT evaluation, Manual therapy, Therapeutic exercise.

How to handle insurance auth?

Track authorized visits closely. Notify patient before limit is reached.

Bill for documentation?

Usually bundled into service codes. Some detailed reports billed separately.

What is Barbados' VAT rate?

Barbados applies 17.5% VAT on most goods and services. Reduced rate of 7.5% for hotel accommodation. Zero-rated for exports.