THE government is “running out of time” to explain Value Added Tax (VAT) to Family Island residents, North Eleuthera MP Theo Neilly said yesterday. He said that to show how prepared they were to ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Vikki Velasquez is a researcher and writer who has ...

The Tax Administration has published instructions and examples of how increases to reduced VAT rates will be applied from the turn of the year. Reduced VAT rates are changing on 1 Jan. 2025. On that ...

VAT is a consumption tax applied at each production stage, reimbursed from prior stages. Consumers ultimately bear the final VAT cost, impacting lower-income groups ...