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Prime Minister To Abolish Income Taxes For People In Antigua And Barbuda

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ST. JOHN’S – Prime Minister Gaston Browne on Thursday announced that effective April, personal income tax will be abolished in its entirety in Antigua and Barbuda.

Browne made the announcement in his presentation of the 2016 Budget said this was a promise made to the people of Antigua and Barbuda during the election campaign.

“That was a major campaign promise, and my Government honours its word to the people. Promise made, promise kept. Abolishing Personal Income Tax is an important reform. Not only will it put more money in the pockets of the people, so that they can save or spend more for the benefit of the economy as whole, it will help to re-establish our country as one of the most competitive in the Caribbean and beyond.”

The Prime Minister said with the elimination of the income tax, EC$30 million will be back in the pockets of the people.

“The cost of collecting PIT (personal income tax); the difficulty of enforcement; and its unfairness, with most of the self-employed not paying or not paying their fair share; make it sensible to remove the PIT from our books,” said Browne who is also the twin-island country’s Finance Minister.

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The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 40 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

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