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Barbadian Prime Minister Announces 2024 Budget Measures for Residential Property Upgrades

  • Barbadian Prime Minister posted the 2024 budget statement online on March 19
  • Two-year extension on waiver of import duty and VAT for purchases and installations of generators and transfer switches at residential homes
  • Waive VAT on sales and installations of water tanks, septic tanks, and electrical pumps for residential properties for two years from April 1

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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