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Learn moreNo new taxes, but proposals to reform bulk petroleum levy and eliminate sales tax on food
The Premier on December 11, 2024, presented the 2025 budget, which did not include any new taxes, but included proposals to eliminate general sales tax on food and reform the bulk petroleum levy to help manage fuel price fluctuations.
The budget also included proposals to improve tax administration by implementing digital systems such as the Multi-Tax Solution (MTS).
For more information, contact a KPMG tax professional in the Eastern Caribbean:
Grant McDonald | grantmcdonald@kpmg.bb
Marianne Greenidge | mariannegreenidge@kpmg.bb
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