Vat reduction: Shelf Prices adjusted to show 13% VAT as of February 17th
On January 1st, 2025, the Vat Reduction from 17% to 13% went into effect. This meant that all vat registered businesses were required to charge VAT (Value Added Tax) at…
Gov’t announces VAT reduction guidelines for the first half of 2025
The Federal Government has issued guidelines for this year, as it relates to the VAT reduction announced in December by Prime Minister and Minister of Finance, Dr. Terrance Drew. He…
Nevis collected over $3m in VAT in Dec. 2020 & 2021
Nevis’ Premier & Minister of Finance, the Hon. Mark Brantley. The numbers mentioned by Mr. Brantley are also attributed to the VAT Days (or Discounted VAT Rate Days)…