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Update - Trinidad and Tobago Clarifies Basic Food Items to be VAT-Free from November 2021

|Proposed Changes|Trinidad and Tobago
Trinidad and Tobago

Trinidad and Tobago's Ministry of Finance issued a release on the scope of basic food items that will be made VAT-free (zero-rated) with effect from 1 November 2021 as part of the 2022 Budget.

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PRESS RELEASE – CLARIFICATION OF BASIC FOOD ITEMS TO BE MADE VAT FREE

The Minister of Finance, Hon. Colm Imbert, MP, has taken note of comments made in the public domain about the announcement in the 2022 Budget Statement that the Government intends to make several basic foods VAT-free, or zero …

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