OrbitaxBarbados Further Extends Temporary VAT Rate Reduction on Electricity Supplies and Provides Other VAT Relief
|Approved Changes|Barbados
The Barbados Revenue Authority issued three guidance notes on 4 April 2024 concerning different VAT policy changes. These include the following:
An extended reduction in the VAT rate is provided on electricity supplies to households (domestic premises from 17.5% to 7.5% on the first 250-kilowatt hours supplied from 1 April 2024 to 30 September 2024, inclusive. …
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