UPDATED-Government’s new basket of goods

Minister of Finance Chris Sinckler yesterday announced charges to Government’s VAT-exempted basket of goods.  The new basket contains over 150 items compared to 400 in the previous list. Here’s the full list of food items which will now attract the 17.5% VAT.

Basket of Goods 1 Basket of Goods 2

6 Responses to UPDATED-Government’s new basket of goods

  1. Patrick Blackman June 16, 2015 at 9:07 pm

    I think all food items should be free of VAT at the point of entry. VAT should be applied only to fastfood businesses, restaurants and similar businesses but not for household consumption.

  2. carson c cadogan June 17, 2015 at 5:39 am

    This is old news the Govt. said since last year that this was going to take place.

    It seems as though Barbados Today was taken by surprise by this development.

    The media in Barbados always appear to be behind time.

  3. carson c cadogan June 17, 2015 at 5:49 am

    Why dont you post the old basket of goods so that citizens may see what was in it? They would be shocked.

  4. Marcia Purnell
    Marcia Purnell June 17, 2015 at 3:23 pm

    I thought the government was promoting healthy eating, hence the 10% tax on soft carbonated drinks, but from this list I see they are imposing 17.5% VAT on many many fresh foods including vegetables and fruit? WTF are they thinking of?


Leave a Reply

Your email address will not be published. Required fields are marked *