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Trinidad and Tobago Budget Statement 2022 Delivered

|Proposed Changes|Trinidad and Tobago
Trinidad and Tobago

Trinidad and Tobago's Budget Statement 2022 was delivered by Minister of Finance Colm Imbert in the House of Representatives on Monday 4 October 2021. The main tax measures include the following:

  • A 5% tax rate reduction for significant exporters of local goods the annual revenue of which is over TTD 500,000;
  • A 5% tax rate reduction for SMEs whose core business relating to technology solutions, digitization, and construction is more than 50% of annual revenue;
  • A 5% tax rate reduction for qua…

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