The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that in keeping with the Budget Statement for the Financial Year 2025, there is a waiver of all Customs Duty, Valued Added Tax, and Online Purchase Tax on the following, effective January 1, 2025 (see Legal Notice Nos. 249, 250 and 251 of 2024…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the Tax Amnesty and National Insurance Amnesty introduced by the Finance Act 2024, which expired on December 31, 2024, will be extended to January 31, 2025. In this regard, the necessary Orders to extend the deadline will be published by tomorrow, Friday, January…
The Honourable Colm Imbert, Minister of Finance, brought remarks (via video presentation) at the 17th Global Forum Plenary Meeting in Asunción, Paraguay, in November of 2024. The Plenary meeting brought together high-level representatives from jurisdictions, international organizations, civil society, and academia. This diverse participation enriched the discussions and presented various perspectives on existing and emerging…
The Treasury Division wishes to inform members of the public that counter services for the sections listed below will be closed at 12:00 noon on Tuesday December 24th, 2024 and Tuesday 31st December, 2024.
Today, at the OECD Headquarters in Paris, the Hon Colm Imbert MP, Minister of Finance of Trinidad and Tobago signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention), bringing the total number of jurisdictions that participate in the Convention to 149. By today’s signing, Trinidad and Tobago joins the world’s widest reaching international…
More than one hundred (100) Small and Medium Enterprises (SMEs) in Trinidad and Tobago are set to receive a significant boost in financing to grow their operations and expand into new markets. The Minister of Finance, Hon. Colm Imbert and the Director Representative for CAF – Development Bank of Latin America and the Caribbean in…
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that on August 28, 2024, he signed both the Central Bank (Deposit Insurance) Order, 2024 and the Central Bank (Deposit Insurance Coverage Limited) Order, 2024, which were both published on August 29, 2024 as Legal Notice Nos. 159 and 160 of 2024, respectively (see…
It’s my pleasure to further the cause of making financial inclusion a national priority. Over the last few years, through in-depth surveys, we have been able to gather significant information on the state of financial inclusion in Trinidad and Tobago.Financial inclusion means that individuals and businesses have easy access to affordable and useful financial products…
The Ministry of Finance wishes to advise that the time period for the Board of Inland Revenue to issue a Notice of Assessment has been further extended from July 31, 2024 to August 16, 2024 vide Legal Notice No. 132 of 2024 (see the Legal Notice attached). This has become necessary to permit the Board…