VATupdate

Share this post on

Barbados Issues Policy Notes on Implementation of 2022 Budget Measures

The Barbados Revenue Authority has issued policy notes on the implementation of certain measures announced as part of the Budgetary Proposal & Financial Statement 2022. These include:

  • the VAT zero-rating on selected personal and critical care items and items that are used primarily to assist with the control of chronic non-communicable diseases, particularly diabetes with effect from 1 April 2022 and
  • the increase of the excise tax on sweetened beverages from 10% to 20% with effect from 1 April 2022

Source Orbitax

Sponsors:

VAT news
VAT news

Advertisements: