According to Finance Minister Peter Turnquest, value-added tax (VAT) will be waived for all residential electricity bills at or under $100 and water bills at or under $50.
Turnquest said that the waiver will impact more than 30,000 Bahamas Power and Light (BPL) households and over 43,000 middle and low-income households.
SMT, really how many over the hill households can say that their electricity bill are less than $100.00 and water bilss less than $50.00.
Really that’s what you call help.