By Thandeka Percival and Dreylan Johnson
There is unlikely to be any change this year to the 14% Value Added Tax (VAT) being applied on private school tuition fees, according to Prime Minister Moses Nagamootoo, who made the position clear yesterday when government ministers engaged stakeholders in a discussion on the measure at the National Cultural Centre.
“The 14% VAT will be reviewed. I say this: the 14% tax will be reviewed, as well as other taxes but whether it can be reviewed for 2017, I cannot say that definitively. I can say that 2018 is a possibility, so I can take your recommendation to Cabinet and hope that Cabinet can pronounce on your representation and that a decision should be announced soon,” Nagamootoo told a crowd of private school owners, teachers, students and their parents.
Those gathered had spent nearly three hours providing reasons why the measure should be
