Breaking News: VAT Cut in Half for Grocery Store Items Coming in 2025!
Breaking News: VAT Cut in Half for Grocery Store Items Coming in 2025!
In a major announcement during a national address, Prime Minister Philip Davis revealed that Value Added Tax (VAT) on grocery store items will be slashed in half by the second quarter of 2025.
However, the Prime Minister clarified that this reduction will not apply to prepared foods sold at delis located inside grocery stores.
This initiative is designed to make everyday necessities more affordable for Bahamian families. What do you think about this plan? Will it bring real relief, or is more action needed? Share your thoughts in the comments!
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