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Cabinet celebrates GST-free weekends

By Aaron Humes: Rarely is the Government of Belize pleased to lose money, but it’s Christmas time.

Cabinet welcomed the initial report from the Ministry of Finance on the many Belizeans who took advantage of the first tax-free weekend for Christmas shopping.

They encouraged Belizeans to take advantage of the second tax-free weekend due on the 20th and 21st December, just days before Christmas.

Financial Secretary Joseph Waight estimated the Government’s losses at about $5 million for those weeks when general sales tax (GST) is not paid on most goods.

The post Cabinet celebrates GST-free weekends appeared first on Belize News and Opinion on www.breakingbelizenews.com.

By Aaron Humes: Rarely is the Government of Belize pleased to lose money, but it’s Christmas time. Cabinet welcomed the initial report from the Ministry of Finance on the many Belizeans who took advantage of the first tax-free weekend for Christmas shopping. They encouraged Belizeans to take advantage of the second tax-free weekend due on
The post Cabinet celebrates GST-free weekends appeared first on Belize News and Opinion on www.breakingbelizenews.com.

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