December 21, 2024

Caribbean Broadcasting Corporation

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Plans to revisit VAT cap on fuel

June 17th, 2022

Prime Minister Mia Amor Mottley has revealed plans for the social partnership to revisit Government’s cap of Value Added Tax on fuel.

The Prime Minister made the revelation today during a panel discussion hosted by the International Monetary Fund, on building resilience and sustainability in the Caribbean.

Ms. Mottley says in the immediate future, Government will still have to provide some level of shielding for citizens despite the plan to revisit the cap.

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