The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the supplementary list of Basic Food Items that will be VAT-Free (Zero-Rated) from Monday, November 1st, 2021, has been published as The Value Added Tax (Amendment to Schedule 2)(No. 2) Order, 2021; Legal Notice No. 259, dated October 29th, 2021 (attached). The Order…
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 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.
In that Editorial the Express falsely claimed that the Minister of Finance was only making “darting references and piecemeal approaches” to address the “stark” problem of the shortfall between contributions and benefits in the National Insurance System (NIS) and went on to declare that rather than these “piecemeal” approaches, what was required was a comprehensive…
The Minister of Finance, Honourable Colm Imbert M.P., has taken note of an inaccurate and misleading article in today’s Trinidad Guardian regarding the planned replacement of old small-denomination cotton banknotes ($1, $5, $10, $20 and $50) with new polymer notes.In this article, the Guardian quotes Opposition politicians and known UNC activists who falsely and irresponsibly…
The Minister of Finance, Honourable Colm Imbert M.P. has noted a number of wild, misleading and inaccurate allegations made by Members of the Opposition UNC regarding the utilisation of withdrawals from the Heritage and Stabilization Fund (HSF) during the last year.The Opposition has claimed that the money withdrawn from the Fund was used to pay…
For two days in a row now, the Minister of Finance has observed Opposition MPs spreading false, inaccurate and misleading information, designed to create mischief.
The Minister of Finance, the Honourable Colm Imbert M.P., has observed that within the last month, Opposition MPs have made a habit of spreading false, inaccurate, misleading, and deliberately scandalous information regarding the Government’s relationship with multilateral funding agencies, such as the World Bank, the IMF, CAF and the IDB. A few weeks ago, the…
The Minister of Finance, the Honourable Colm Imbert M.P., wishes to advise that the 2021 National Budget will be presented in the House of Representatives on Monday 5th October, 2020.
The Financial System Regulatory Authorities: the Trinidad and Tobago Securities and Exchange Commission (TTSEC), the Financial Intelligence Unit of Trinidad and Tobago (FIU) and the Central Bank of Trinidad and Tobago (CBTT) are jointly issuing this Advisory to the public to be cautious about entering into ventures commonly referred to as “pyramid schemes”.