We are pleased to present our annual post-budget commentary on Trinidad and Tobago’s (T&T) 2026 National Budget Statement, which was presented by the Honourable Minister of Finance, Davendranath Tancoo on October 13, 2025. The Minister’s 2026 Budget speech centered on the theme of “ Building Economic Fairness through Accountable Fiscal Policies”.
In this commentary, we delve into several key aspects of the proposed fiscal measures that were covered in the budget presentation. Some key highlights are:
- Asset Levy on financial institutions
- Introduction of a Landlord Business Surcharge
- Reforms to strengthen the National Insurance System
- Introduction of a tax on single-use plastics
Should you require further clarification or wish to engage in discussions, we encourage you to reach out to members of our tax team. We look forward to your feedback and comments.
KPMG Tax Team
Nicole Joseph
