Trinidad and Tobago has implemented the following budget measures with effect from 1 January 2023:

• An increase in the personal income tax exemption limit from TTD 84,000 to TTD 90,000 per year;
• An increase in the VAT registration threshold from TTD 500,000 to TTD 600,000;
• The introduction of a rebate of up to TTD 25,000 for the implementation of renewable energy, such as solar and wind energy,…