The Bahamas 2025/2026 National Budget Communication was delivered by Prime Minister and Minister of Finance Philip Davis on 28 May 2025. One of the main tax measures highlighted in the Communication is a reduction in the VAT rate to 5% on certain essential goods from 1 September 2025, including baby diapers, depends, feminine hygiene products, prescription and non-prescription drugs, including for chronic conditions, medical and dental supplies, and other medical and therapeutic items. The C…