In the 2016/2017 Budget Communication, Prime Minister Christie communicated the Government’s intention to provide real property tax relief in respect of various properties as reflected in:-

(i) The Real Property Tax (Amnesty) Order, 2016, which came into effect on 1st July, 2016 and encourages taxpayers in arrears with the payment of real property taxes to bring their accounts up to date; and

(ii) The Real Property Tax (Waiver of Tax) Act, 2016, which also came into effect on 1st July, 2016, and provides for the waiver of real property tax arrears and accumulated surcharges in respect of owner- occupied properties and renovated dilapidated buildings.

Download PDF

VAT Update in The Bahamas

VAT Exemption on Unprepared Foods Effective 1 April 2026 unprepared foods will be exempt from VAT. Note, however, that...

FOCUS Vol. 68, Issue 1/2026

Trust Protectors: Privy Council Clarifies the Scope of Protector Powers by N. Leroy Smith Why 2026 Is the Year...