Bahamas Removes VAT on Essential Grocery Items to Lower Cost of Living

• Effective April 1, VAT will be completely removed from all food items that were previously taxed at 5 percent in the Bahamas.
• The zero rating applies to unprepared food items like fresh produce, baby food, snacks, frozen foods, uncooked meats, rice, flour, sugar, dried beans, bread, milk, eggs, and other basic staples.
• Prepared meals, restaurant food, and cooked or altered items are not included in the VAT removal.
• The measure aims to make everyday groceries more affordable and address cost-of-living concerns for Bahamians.

Source: ewnews.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.

---

---