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VAT revenue up, company and individual tax collection down

Thursday 24 February 2022 | Written by Al Williams | Published in Economy, National

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VAT revenue up, company and individual tax collection down
Value Added Tax (VAT) revenue streams collected above $100,000 related to fuel, construction, insurance, imported services, telecommunications, large accommodation providers, and motor vehicle dealerships. Daniel Taringa fuels up a motorcycle in this file picture from 2020. PHOTO: CI NEWS/20051411

Government has ramped up its Value Added Tax (VAT) revenue by more than 40 per cent at the same time as it tightens the purse strings.

Government has ramped up its Value Added Tax (VAT) revenue by more than 40 per cent at the same time as it tightens the purse strings.


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