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Trinidad & Tobago raises VAT registration threshold

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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