- Cash flow constraints delayed VAT refunds to SMEs
- Refunds expected by end of 2024 will now be paid by end of January 2025
- Imbert attributes delay to lower than expected revenue due to oil and gas production levels and prices
- Government had to prioritize expenditure and delay VAT refunds
- Cash flow has improved, allowing for refunds to be paid by end of January 2025
Source: trinidadexpress.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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