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ST. KITTS & NEVIS NOW HAS THE HIGHEST VAT RATE IN THE OECSECONOMIC ANALYSIS: Reversal of VAT Cut Places Increased Pressure on Households and Businesses

Summary by Times Caribbean
— By Times Caribbean News BASSETERRE, ST. KITTS —St. Kitts and Nevis now holds the distinction of having the highest Value Added Tax (VAT) rate in the Organisation of Eastern Caribbean States (OECS), standing at 17%, according to the latest comparative data. The development follows the government’s recent decision to reinstate the full 17% VAT rate, just six months after it implemented a temporary reduction in January 2025. The move positions St…
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Times Caribbean broke the news in Saint Kitts and Nevis on Saturday, July 5, 2025.
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