George: Make Tobago VAT free
The Tobago Business Chamber is calling for the removal of Value Added Tax (VAT) from goods on the island. “If the 12.5 per cent VAT is removed it will encourage greater investment in Tobago. Persons will come and set up businesses or come to retire,” Chamber head Martin George said in an audio response to the 2019/2020 Budget. George, who had mixed reviews to the budgetary measures announced by Finance Minister Colm Imbert on Monday, applauded the increase in wages for CEPEP and URP workers but criticised the lack of action on the Foreign Investment Act which restricts the acreages of land,...
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