Caribbean Broadcasting Corporation

The most credible news source in Barbados

December 19, 2023

There will be no VAT-Free Day this year in Barbados.

This is according to a release from the Ministry of Finance, Economic Affairs and Investment issued moments ago.

It advises the public and the business community to conduct their business as usual.

The release also says numerous social media campaigns and other media commentary have contributed to heightened expectations of a VAT-free holiday, potentially leading to a slowdown in actual economic activity.

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