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

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december 2, 2025

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

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