The Minister of Finance, Hon. Colm Imbert, MP, has taken note of comments made in the public domain about the announcement in the 2022 Budget Statement that the Government intends to make several basic foods VAT-free, or zero rated for VAT and in particular, commentary about which food items are currently subject to VAT and…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that to give taxpayers a final opportunity to get their financial records in order and to file their tax returns, the 2021 Tax Amnesty has been extended to Friday, October 15th, 2021. It should be noted that there will be no further extension of…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that to give taxpayers some more time to file their returns, and in recognition of the difficulties associated with the Covid-19 pandemic, the Tax Amnesty has been extended to Friday October 1st, 2021.
The Caribbean credit rating agency CariCRIS has announced its 2021 rating of Trinidad and Tobago at CariAA, the second highest rating on its scale. At CariAA, Trinidad and Tobago remains at the top of CariCRIS’ published sovereign ratings in the Region. In fact, CariCRIS agrees that the ‘level of creditworthiness of the GORTT, adjudged in…
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of an extremely inaccurate and misleading article in today’s (July 28, 2021) edition of Trinidad and Tobago Guardian entitled “S&P Market Intelligence Downgrades T&T”. Apart from the misleading headline, the article in the body of its text falsely claimed that Trinidad and Tobago is…
Port of Spain: Today, Tuesday July 27th, the rating agency Standard & Poor’s (S&P) has affirmed Trinidad and Tobago’s investment grade rating of BBB-. This rating differentiates Trinidad and Tobago from most countries of the region and reflects the position of the country as a safe investment place.
The Financial Intelligence Unit of Trinidad and Tobago (“the FIUTT”) has noted content in the media, inclusive of social media, which alleges that the FIUTT is investigating specific issues.
The Minister of Finance, the Honourable Colm Imbert, M.P., in conjunction with the Chief Secretary of the Tobago House of Assembly, the Honourable Ancil Dennis, wishes to advise that approval has been granted for the payment of compensation to an additional twelve (12) property owners in Tobago, whose properties are being acquired for the construction…
Madam President, before you is the Finance Bill, 2021 aimed at putting in place the remainder of the fiscal measures that were announced in this Honourable House on October 05, 2020. Madam President, I will also put before you certain other matters at least one of which I had signalled in the Budget Statement, 2021…
The Minister of Finance, Honourable Colm Imbert, MP, today laid in the House of Representatives a package of Regulations required to operationalize the Public Procurement and Disposal of Public Property Act. The legislative package consists of a total of ten (10) individual Regulations.