BREAKING: VAT to be removed from bread basket items, medicine, residential property insurance

BREAKING: VAT to be removed from bread basket items, medicine, residential property insurance
Deputy Prime and Minister of Finance, Peter Turnquest.

The announcement came during the 2018/2019 Budget Communication.

Deputy Prime Minister Peter Turnquest said that with the exception  of sugar – which will be removed from the list – items that will have value-added tax waived include:

  • butter
  • cooking oil
  • gritz
  • mayonaise
  • cheese
  • corned beef
  • evaporated milk
  • margarine
  • flour
  • bread
  • tomato paste
  • baby cereal
  • baby formula
  • soup
  • broth
  • baby food
  • detergent
  • condensed milk
  • oats
  • fresh milk
  • mustard