The Barbados Revenue Authority has published Policy Note 006/2022, which concerns a temporary reduction in VAT on electricity supplies announced in July that applies from 1 August 2022 to 31 July 2023. --- Value Added Tax on the Supply of Electricity The Minister in the Ministry of Finance, Economic Affairs and Investment, during the Ministerial Statement on Energy and the Cost of Living on July 19, 2022, announced that, for a period, the rate of Value Added Tax ("VAT") on supply of electricity will be reduced from 17.5% to 7.5% on the first 250-kilowatt hours used by households. Thereafter, the...