- Delays in VAT refunds until Jan 31 due to decline in energy revenue
- Finance Minister Colm Imbert states refunds will be paid by end of month
- Imbert attributes delay to cash flow constraints, not bureaucracy
- Oil and gas prices recovered in Nov and Dec 2024, allowing for refunds to be paid
- President of Chaguanas Chamber of Commerce expresses concern over delay’s impact on businesses
- Calls for better financial planning and prioritization to avoid future delays in VAT refunds
Source: trinidadexpress.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
