Antigua.news Antigua and Barbuda Government rejects ABST deferral request from accommodation providers
Antigua.news Antigua and Barbuda Government rejects ABST deferral request from accommodation providers

Government rejects ABST deferral request from accommodation providers

2 February 2024 - 08:33

Government rejects ABST deferral request from accommodation providers

2 February 2024 - 08:33

By Abigayle McIntosh

 

The government has rejected a request from accommodation providers for a deferral in the payment of the 2 percent increase in the Antigua and Barbuda Sales Tax (ABST).

The Gaston Browne Administration insists the increase should be payable across the board as of January 1.

Chief of Staff in the Prime Minister’s Office Ambassador Lionel Hurst confirmed this during Thursday’s Post-Cabinet press conference this morning.

“The Cabinet has indicated quite clearly that it begins on January 1, and it is not any mean-spirited reason we must raise enough revenue to pay a total of a 14 percent increase to workers employed by the government of Antigua and Barbuda,” Hurst said.

According to the weekly Cabinet notes, the Finance Ministry, led by Financial Secretary Rasona Davis Crump, will actively monitor the collection of the ABST, which also includes the halting of discretionary waivers and tax exemptions.

Hurst said while more revenues will be realized, more is still needed to cover the government’s obligation.

“The government of Antigua and Barbuda cannot continue to borrow forever there comes a point when expenditure must match the earnings or revenues must exceed expenditure.

Advertise where your customers click first.
Get your brand seen on Antigua’s #1 news platform. Email: [email protected] or call 268-7724369

About The Author

Editorial Staff

The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication. Contact: [email protected]

1 Comment

  1. The top day says that he will borrow Antigua and Barbuda out of death.

Antigua News - Breaking stories that captivate
Privacy summary

This website uses cookies so that we can provide you with the best possible user experience. Cookie information is stored in your browser and performs functions such as recognising you when you return to our site or helping our team understand which parts of the site you find most interesting and useful. More information in Privacy Policy