The government will introduce a back-to-school value-added tax (VAT) holiday ahead of the new school year, Deputy Prime Minister and Minister of Finance Peter Turnquest announced on Wednesday.

“We are pleased to announce that for the first time, the government will provide for a back-to-school VAT holiday on school supplies, clothing and select food items for the two-weeks leading to the reopening of schools, hereby providing millions of dollars in savings in aggregate for parents across the country as they prepare students to return to school,” Turnquest said in the 2020/2021 budget communication.

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