Got NEWS? Email Us
Subscribe
Search
HomeGeneral NewsVAT Discount Days Announced

VAT Discount Days Announced

General News

Published on

By Admin
spot_img

By: Spokesman Newsroom

BASSETERRE, St.Kitts (Thursday 15th November 2018)- Prime Minister and Minister of Finance Dr. Timothy Harris announced at his monthly press conference this week that there will be two discounted Value Added Tax (VAT) rate days in December.

“This year we will afford consumers two shopping days of reduced VAT Rate. My Cabinet has approved the recommendation from the Chamber of Industry and Commerce (CIC) and the Ministry of Finance that Friday, December 14th and Thursday, December 20th be declared Discounted VAT Rate Days,” he disclosed yesterday.

PM Harris further informed that all tangible items that are presently subject to 17% VAT will qualify for the discount VAT rate while non–tangible items such as the supply of professional services will continue to be subject to the 17% VAT rate.

Additionally, services such as legal fees, restaurant supplies, rent, tickets for the game of chance (lottery/ raffles), top-ups and phone cards are not eligible for the VAT reduced rate.

Latest articles

Crime

Police Confirm 2 Men Shot At Fisheries Complex

The Royal St. Christopher and Nevis Police Force has confirmed a shooting incident that took place at the Fisheries Complex in Newtown earlier today, Monday, April 15th, 2024, between 5:30 PM and 6:00 PM.
General News

SKNLP Constituency Eight Conducts Successful Executive Committee Elections For Chairperson, Vice Chairpersons As Part Of New Term Leadership Readiness

Constituency Eight of the St. Kitts-Nevis Labour Party (SKNLP) is thrilled to announce  results of the recent elections for the positions of Chairperson and two Vice-Chairpersons held on Sunday, April 14, 2024, at the St. Peter's Anglican Church Hall, aimed at putting together a 'Red and Ready' dynamic executive committee to lead the constituency in its new term.
General News

Zack Says Positive Comments About Aquatic Sports Still Coming In For Event

Event coordinator of the67th annual Basil Henderson Easter Monday Aquatic Sports Meet Winston 'Zack' Nisbett says days after positive comments are still coming in for the annual event held on Monday  1st April  2024 at the Ferry Terminal in Basseterre under the theme ‘Building Community Spirit Through Sports.’
Social Commentary

Our Universal Connection: Day Turned Into Night Spectacle

In this world, there exists countless wonders yet to be discovered as well countless moments of awe yet to be experienced presently and for generations to come. One of the most awe-inspiring moments we get to witness as human beings-those of us who are physically able to do so- is looking up at the stars and wondering about the universe  through thought-provoking yet intriguing internal questions or engaging conversations which continuously inspire and amaze us.

More like this

Crime

Police Confirm 2 Men Shot At Fisheries Complex

The Royal St. Christopher and Nevis Police Force has confirmed a shooting incident that took place at the Fisheries Complex in Newtown earlier today, Monday, April 15th, 2024, between 5:30 PM and 6:00 PM.
General News

SKNLP Constituency Eight Conducts Successful Executive Committee Elections For Chairperson, Vice Chairpersons As Part Of New Term Leadership Readiness

Constituency Eight of the St. Kitts-Nevis Labour Party (SKNLP) is thrilled to announce  results of the recent elections for the positions of Chairperson and two Vice-Chairpersons held on Sunday, April 14, 2024, at the St. Peter's Anglican Church Hall, aimed at putting together a 'Red and Ready' dynamic executive committee to lead the constituency in its new term.
General News

Zack Says Positive Comments About Aquatic Sports Still Coming In For Event

Event coordinator of the67th annual Basil Henderson Easter Monday Aquatic Sports Meet Winston 'Zack' Nisbett says days after positive comments are still coming in for the annual event held on Monday  1st April  2024 at the Ferry Terminal in Basseterre under the theme ‘Building Community Spirit Through Sports.’

Subscribe

To get email updates from The Labour Spokesman.