Antigua is abolishing personal income tax (PIT) from April.
A release from the Office of the Prime Minister of Antigua and Barbuda yesterday noted that the PIT was introduced by the now Opposition United Progressive Party upon coming into office in 2004 and placed a tax of 8% on persons earning an income above $3500 and 15% on persons earning an income above $25, 000.
“Effective, April 2016, Personal Income Tax will be abolished in its entirety. That was a major campaign promise, and my Government honours its word to the people. Promise made, promise kept. There is credibility in our words and reliability in our actions. What we say is what we mean. Abolishing Personal Income Tax is an important reform. Not only will it put more money in the
