2023 Budget hike VAT threshold and other measures
The Caribbean islands state of Trinidad & Tobago is to increase its Value Added Tax registration threshold. It will increase from TT$500,000 to TT $600,000 (approx. €90,000) per annum.
In addition, there are new VAT exemptions for green-related energy investments in capital equipment.
These measures will come into effect from 1 January 2023.
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