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Barbados Extends Temporary VAT Rate Reduction on Electricity Supplies

|Approved Changes|Barbados
Barbados

On 19 October 2023, the Barbados Revenue Authority issued Policy Note 007/2023, which concerns an extension of the temporary reduction in the VAT rate on electricity supplies to households. Initially applied from 1 August 2022, the reduction in the VAT rate has been extended until 31 March 2024.

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Value Added Tax on the Supply of Electricity

The Minister in the Ministry of Finance, Econo…

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