Value Added Tax (VAT)
Value Added Tax, or VAT, is applied to both goods and services in Trinidad and Tobago and is included in the final price of the product. VAT is charged at a rate of 12.5%. VAT-registered … more
Contents tagged with Value Added Tax
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VAT - Zero Rated Food Items
Introduction
On November 15th 2012, over four thousand (4000) food items will become zero rated for Value Added Tax (VAT) purposes. This initiative is in keeping with Government’s thrust to … more