Friday, November 9, 2018

VAT Exemption On Electricity Increases

By Jones Bahamas

The recent spike in fuel surcharge has left the government to revisit its value added tax (VAT) exemption on electricity bills.

Initially aimed at assisting Bahamas Power and Light (BPL) consumers whose monthly bills were capped at $100 per month, this figure was soon bumped to $200 to include some 60-plus thousands of BPL’s 90,000 customers.  Read more >>