The Minister of Finance, Hon. Colm Imbert, MP, wishes to announce a waiver of all taxes (Customs Duty, Online Purchase Tax and Value Added Tax) on CCTV cameras and DVRs used in CCTV systems, as stand-alone items.This tax waiver will take effect from January 1st, 2023.
In March 2022, Opposition activist Ravi Balgobin Maharaj filed a lawsuit against the Minister of Finance Minister, Hon. Colm Imbert, MP, over the Minister’s decision to appoint businessman Patrick Ferreira as chairman of the National Insurance Board of Trinidad and Tobago (NIB). The Judge assigned to the matter, the Honourable Jacqueline Wilson, ruled in favour…
The Minister of Finance, Hon. Colm Imbert, MP, has noted commentary in the media regarding a recent disclosure that the Customs and Excise Division scans SEVENTEEN PERCENT (17%) of containers entering Trinidad and Tobago at official ports of entry.This statistic has led to further commentary from business spokespersons who have complained about the current level…
The Minister of Finance, Hon. Colm Imbert, wishes to advise that the Budget Division of the Ministry of Finance reported yesterday that as various ministries and departments continue to complete their accounting of the actual expenditure in Fiscal 2022, as opposed to the estimated expenditure published in the 2023 Budget Documents, it has turned out…
The CAF- Development Bank of Latin America has offered to donate US$200,000.00 (TT$1.36 million) as a demonstration of unwavering solidarity with the people of Trinidad and Tobago.
The Ministry of Finance is now in receipt of the final figures for the actual revenue collections in Fiscal 2022, up to the end of September 2022. At the time of the presentation of the 2023 Budget on September 26, 2022, the revenue figures for Fiscal 2022 were based on actual figures, from October 1,…
The Minister of Finance, Hon. Colm Imbert MP has taken note of an editorial in today’s Express Newspaper which refers to what it describes as the Government’s mounting legal costs. The two particular cases which involve the Minister of Finance are Rohini Ramkissoon and Jwala Rambarran versus the State, respectively. With respect to both these…
It is indeed an honour to speak on this auspicious occasion – the celebration of the 40th Anniversary of the Trinidad and Tobago Stock Exchange.The Trinidad and Tobago Stock Exchange (TTSE) is the main stock exchange in the Republic of Trinidad and Tobago, and the largest stock exchange in the Caribbean region by market capitalization…
The Government of the Republic of Trinidad and Tobago aims to increase accessibility and improve the ease of honouring tax obligations for people and businesses, by supporting key legal, regulatory and change management initiatives for the digitalization of the online tax payment ecosystem in the country. With the help of CAF – Development Bank of…
Trinidad and Tobago Spotlight on the Economy 2022 presented by the Honourable Colm Imbert, MP Minister of Finance at the Hyatt Regency on September 2, 2022.