Basseterre, St. Kitts – June 23, 2025 - In a continued effort to stimulate economic activity and provide financial relief to citizens and residents, the Government of Saint Kitts and Nevis is pleased to announce the 2025 schedule for Discounted Value Added Tax (VAT) Rate Days. Building on the success of previous initiatives, these designated days will offer significant savings on qualifying purchases during key shopping periods later this year.
The following dates have been approved for discounted VAT:
Back-to-School Discounted VAT Rate Days:
Friday August 15, 2025 and Saturday August 16, 2025
Vehicles are EXCLUDED from the discounted rate during this period.
Christmas Discounted VAT Rate Days:
Friday December 12, 2025 and Saturday December 20, 2025
Vehicles ARE INCLUDED in the discounted rate during this festive period.
This initiative aims to ease the financial burden on families preparing for the new school year while boosting consumer spending and supporting local retailers during key seasonal periods. It also enhances affordability for households during the festive Christmas season, including major purchases like vehicles and encourages compliance within the VAT system.
Retailers should ensure their point-of-sale systems are updated and clearly communicate the reduced VAT rate to customers during the specified periods.
For the latest updates and more information about the Discounted VAT Rate Days, please visit www.sknird.com or contact the Inland Revenue Department directly.
Disclaimer
This article was posted in its entirety as received by SKNVibes.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of SKNVibes.com, its sponsors or advertisers
-13090_ACTIF2025_St.George's_Grenada_Ad_13x10.3125in_3 (1).jpg)