NASSAU, BAHAMAS - The transition of slashing Value Added Tax on uncooked foods by five percent has been smooth, according to Economics Affairs Minister Michael Halkitis.
NASSAU, BAHAMAS - Officials from the Price Inspectorate were making rounds today at major retailers throughout the capital, ensuring that price tags reflect the newly reduced...
NASSAU, BAHAMAS - Grocery store shoppers were out early this morning, many excited for the 5% value-added tax (VAT) slash on uncooked food items.
NASSAU, BAHAMAS - Starting April 1st, 2025, Value Added Tax on uncooked food items will be slashed from 10 to 5 percent.
GRAND BAHAMA, BAHAMAS - The April 1st implementation date for the VAT decrease was chosen to give merchants and food retailers sufficient time to adjust their...
NASSAU, BAHAMAS - Debra Symonette tell us that despite a 50% slash in VAT, shelf prices may not reflect the changes immediately.
NASSAU, BAHAMAS - In just a few days the VAT rate on some food will drop from 10% to 5%. This reduction will apply to a...
NASSAU, BAHAMAS - As businesses and residents prep for a decrease in Value-Added Tax come April 1, economist Gowon Bowe believes the impact won't be as...
NASSAU, BAHAMAS - Effective April 1st this year, Value-Added Tax will decrease to five percent on unprepared food items.
THE BAHAMAS - With the upcoming VAT reduction on food items from 10% to 5%, many are wondering how this will affect their wallets.