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Zero-rated for personal care items

In the 2022 Budgetary Proposals and Financial Statement, presented on March 14th, 2022, the Minister of Finance and Economic Affairs, Culture, Security and Public Service (“the Minister”) revised the Value Added Tax (“VAT”) regime to zero-rate some essential personal care items and items which are used primarily to assist with the control of chronic non-communicable diseases, particularly diabetes.

Source: gov.bb

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