• Covid-19
  • Travel Protocols
  • Immigration & Customs Form
Sunday, August 14, 2022
SKNIS
  • Home
  • About
  • Press Releases
  • Parliament
  • In The News
  • Bills
No Result
View All Result
SKNIS
No Result
View All Result
Home Featured

PM HARRIS COMMENDS THE CHAMBER OF INDUSTRY AND COMMERCE FOR ITS SUPPORT OF THE TWO DISCOUNTED VAT DAYS

SKNISEditor by SKNISEditor
November 10, 2021
in Featured, Press Releases
PM HARRIS COMMENDS THE CHAMBER OF INDUSTRY AND COMMERCE FOR ITS SUPPORT OF THE TWO DISCOUNTED VAT DAYS
Share on FacebookShare on Twitter

Related posts

PRIME MINISTER DREW’S ADMINISTRATION COMMITS TO RESTORING TRANSPARENCY AND GOOD GOVERNANCE IN ST. KITTS AND NEVIS

PRIME MINISTER DREW’S ADMINISTRATION COMMITS TO RESTORING TRANSPARENCY AND GOOD GOVERNANCE IN ST. KITTS AND NEVIS

August 14, 2022
PRIME MINISTER DREW INSTRUCTS HIS CABINET TO GET TO WORK TO  DELIVER ON THE PEOPLE’S AGENDA

PRIME MINISTER DREW INSTRUCTS HIS CABINET TO GET TO WORK TO  DELIVER ON THE PEOPLE’S AGENDA

August 14, 2022

BASSETERRE, St. Kitts, November 10, 2021 (Press Unit in the Office of the Prime Minister) – Prime Minister and Minister of Finance, Dr. the Honourable Timothy Harris has commended the executive of the St. Kitts and Nevis Chamber of Industry and Commerce for its wholehearted support of the two Discounted VAT Rate Days in December this year. 

At Wednesday’s Sitting of the National Assembly, Prime Minister Harris stated that Thursday, December 16 and Saturday, December 18 have been designated as the two Discounted VAT Rate Days across the Federation. 

In making the announcement, the Honourable prime minister thanked the staff of the Ministry of Finance for its tireless work in ensuring citizens and residents can benefit from the five percent value-added tax on the sale of goods on the two designated days. 

Prime Minister Harris stated further, “I want to commend…the Chamber for their collaboration and cooperation on a significant initiative that the Government has taken under very difficult times to reduce VAT from a high of 17 percent to a low of five (5) percent on merchandise. The direct intention there was to ensure that at this time food and other merchandise are made affordable to the largest number of persons, and by bringing forward the payment of salaries, wages and other benefits we ensure again that more people can take advantage of what should be lower prices.” 

Dr. Harris also used his presentation to the National Assembly to strongly encourage the membership of the Chamber of Industry and Commerce and the wider business community to provide their customers with special bargains and discounts “not only on the two VAT discount days but for the rest of December so our people can have a more enjoyable Christmas.”

In addition to the VAT Rate Days, the Government has also consented to several concessions: non-commercial importation of foodstuff up to 500lbs in weight will be allowed free of duty and taxes and individuals travelling in December will be eligible to receive duty and tax concessions on goods brought in up to a value of EC$540 (US$200).

“All these are efforts of the Government to ensure that our recovery can be speedier and that we give the economy the necessary impetus so that we can move more quickly out of the shadow of COVID-19,” said Prime Minister Harris.  

Previous Post

Former champion team Unity finishes at the top in #7 Domino League’s single round

Next Post

DECADE-LONG PLAN TO TRANSFORM AGRICULTURAL PRODUCTION AND PRODUCTIVITY PRESENTED TO ST KITTS AND NEVIS’ PARLIAMENT

Next Post
DECADE-LONG PLAN TO TRANSFORM AGRICULTURAL PRODUCTION AND PRODUCTIVITY PRESENTED TO ST KITTS AND NEVIS’ PARLIAMENT

DECADE-LONG PLAN TO TRANSFORM AGRICULTURAL PRODUCTION AND PRODUCTIVITY PRESENTED TO ST KITTS AND NEVIS’ PARLIAMENT

WHAT'S HOT

PRIME MINISTER DREW’S ADMINISTRATION COMMITS TO RESTORING TRANSPARENCY AND GOOD GOVERNANCE IN ST. KITTS AND NEVIS

PRIME MINISTER DREW’S ADMINISTRATION COMMITS TO RESTORING TRANSPARENCY AND GOOD GOVERNANCE IN ST. KITTS AND NEVIS

August 14, 2022
PRIME MINISTER DREW INSTRUCTS HIS CABINET TO GET TO WORK TO  DELIVER ON THE PEOPLE’S AGENDA

PRIME MINISTER DREW INSTRUCTS HIS CABINET TO GET TO WORK TO  DELIVER ON THE PEOPLE’S AGENDA

August 14, 2022
MEMBERS OF ST. KITTS AND NEVIS’ FEDERAL CABINET OFFICIALLY SWORN IN AND ASSIGNED MINISTERIAL PORTFOLIOS

MEMBERS OF ST. KITTS AND NEVIS’ FEDERAL CABINET OFFICIALLY SWORN IN AND ASSIGNED MINISTERIAL PORTFOLIOS

August 13, 2022

BROWSE BY CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

LIKE US ON FACEBOOK

Facebook Pagelike Widget

FOLLOW US

CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

CONTACT US

Government Headquarters
Church Street
Basseterre, Saint Kitts and Nevis 00265
(869) 467-1416

  • Government of St. Kitts & Nevis

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit

No Result
View All Result
  • Home

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit