PM National Address: Real Property Tax Relief

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During his national address on Monday, Prime Minister, the Hon. Philip Davis announced tax relief measures for Bahamians including on non-prepared food and real property tax. According to the Prime Minister owner occupied duplexes and triplexes will now qualify for residential exemption and concessions for first time homeowners will be expanded. Bahamas Real Estate Association […]

PM National Address: Official VAT Reduction

Podcast, portrait and black man with microphone, radio broadcast or content creation in office, lap

Prime Minister, the Hon. Philip Davis announced further Value Added Tax (VAT) reductions on non prepared food items in a national address delivered in Monday evening. This comes after he announced the initial reduction of 5% in 2025. He said, “this will apply to fresh fruits and vegetables, baby food, lunch snacks, frozen foods and […]

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