Barbados To Go Ahead With Cellphone Levy

by Jason Gorringe, Tax-News.com, London

29 December 2015

The Government of Barbados is to go ahead with plans to hike the value-added tax rate on mobile phone services.

Minister of Finance and Economic Affairs Christopher Sinckler had announced in the 2015 Budget that the tax on these services would rise from 17.5 percent to 22 percent from January 1, 2016.

The local industry appears to have failed to sway the Government into a u-turn, despite its warnings that the tax hike would result in a fall in revenues overall. Ahead of the tax change, the Government defended the plans saying that it would generate revenues worth BBD14m (USD7m) annually to fund education projects.

To see today's news, click here.

Read our Posting Guidelines

Password Reminder

Please enter your email address to receive a password reminder.

Log into Tax-News+ Not registered yet? Find out about our daily news alert service »
Email:
Password:
	Login » Forgotten your password?

Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »

Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.

To manage your mailing list preferences, please click here »