Will St. Kitts and Nevis have VAT day(s) this Year?

Will St. Kitts and Nevis have VAT day(s) this Year?

Given the financial constraints caused by the long closure of the Federation’s borders, will St. Kitts and Nevis have Discounted VAT (Value Added Tax) Rate day(s) this year? 

 

A caller posed this question to Prime Minister – Dr. the Hon. Timothy Harris during Tuesday’s “Leadership Matters” program. 

 

Prime Minister, Dr. the Hon. Timothy Harris, responded by saying: 

 

Prime Minister – Dr. the Hon. Timothy Harris. 

 

The Cabinet of St. Kitts and Nevis is expected to begin discussions shortly on the Discounted VAT Rate period for 2020.

 

A discounted rate from the 17 percent VAT is typically offered in December to boost consumer spending during the Christmas and Carnival season. 

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