Saint Vincent and the Grenadines: Various direct and indirect tax rate cuts announced
Including decrease in corporate income tax rate and expanded list of zero-rated VAT items
The Prime Minister announced a decrease in the corporate income tax rate and an increase in the individual (personal) income tax threshold for 2026.
The Prime Minister also announced an expanded list of zero-rated value added tax (VAT) items, an increased cost of living allowance, and a pension increase.
For more information, contact a KPMG tax professional in the Eastern Caribbean:
Marianne Greenidge | mariannegreenidge@kpmg.bb