On January 1^st, 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 a rate of 13% on the delivery of all goods and services.

As per the VAT Act, all shelf prices must be VAT-inclusive. Therefore, all VAT-registered businesses were given some time to adjust their prices.

The Inland Revenue Department of St. Kitts and Nevis issued a release in late January that gave taxpayers until Monday February 17^th, 2025 to update their shelf prices.

With the arrival of the February 17^th deadline, it means that now shelf prices in all VAT-registered businesses must now reflect the new change of 13% until June.

To report any suspicious activity such as noncompliance, consumers are to reach out to the Consumer Affairs Department at 467-1550 in St. Kitts, or on Nevis at 469-5521.