Media Release: Moody’s affirms Trinidad and Tobago’s Ba2 rating with Stable...
On December 16, 2024, Moody’s affirmed Trinidad and Tobago’s rating at Ba2 with a Stable outlook. This affirmation is underpinned by the country’s return to sustained growth, primarily driven by the...
View ArticleMedia Release – Cash Flow, not Bureaucracy, at the Core of VAT Refunds delay
The Minister of Finance notes concerns raised by the Daily Express in its editorial “Drowning in VAT bureaucracy” centred around the “tardiness in repaying VAT to companies” and wishes to address the...
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Media Release – Ministers Imbert and Beckles-Robinson Host Courtesy Visit...
The Honourable Colm Imbert Minister of Finance along with the Honourable Pennelope Beckles-Robinson, Minister of Planning and Development met with a visiting mission from the Inter-American...
View ArticleMedia Release – Value Added Tax (VAT) Bonds Application Forms are available...
In keeping with the Ministry of Finance’s 2025 ‘VAT Bonds’ initiative, the Board of Inland Revenue (BIR) has announced that persons registered for VAT (“VAT Registrants”) can now apply for the payment...
View ArticleMedia Release: Government improves its wage increase offer to UWI
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that the Government has given the UWI Administration, which is the Employer of the Academic Staff at UWI, and has the responsibility to...
View ArticleMedia Release – Tax and NIS Amnesties extended to March 31, 2025
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that as of Monday, January 27, 2025, the Tax Amnesty had raised $2.38 billion in revenue.Compared to previous years, the current Tax...
View ArticleMedia Release – Trinidad and Tobago removed by the OECD from the list of...
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that in January 2025, Trinidad and Tobago was deemed by the OECD Forum on Harmful Tax Practices to be free from harmful tax practices,...
View ArticleMedia Release: 87,376 Individuals Tax Refunds to be Issued
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that he has requested the Board of Inland Revenue to issue individual tax refunds to all eligible taxpayers that are owed these refunds...
View ArticleSpeech by the Honourable Colm Imbert, Minister of Finance at the Trinidad and...
As we are all aware, Small and Medium Enterprises (SMEs) are critical to the development of Trinidad and Tobago. At present, there are approximately 20,000–25,000 SMEs, representing roughly 95% of the...
View ArticleMedia Release: The Leader of the Opposition is Clutching at Straws and Making...
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of the latest diatribe from the Leader of the Opposition regarding the impasse which occurred in 2024 between public officers at the...
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