T&T CHAMBER NATIONAL BUDGET RESPONSE

The Trinidad & Tobago Chamber of Industry and Commerce (T&T Chamber) recognizes the challenges we have faced and commends the government of Trinidad and Tobago for steering the economy out of the pandemic, implementing measures focused towards economic well-being, keeping GDP growth and inflation stable.

Trinidad and Tobago Chamber of Industry and Commerce Welcomes New Member –Marine Services Association of Trinidad and Tobago (MSATT)

The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) is pleased to welcome the Marine Services Association of Trinidad and Tobago (MSATT) as its newest member.


In Photo left to right: Kiran Maharaj, President of the T&T Chamber; Peter Peake, President of MSATT; Vashti Guyadeen, CEO of the T&T Chamber and Jesse James, Vice President of MSATT.

Bridging the gap for argi MSMEs

There are critical areas that need to be examined when it comes to fostering the holistic growth of micro, small and medium-sized enterprises

HSF withdrawal concerns TTCSI

The Trinidad and Tobago Coalition of Services Industries (TTCSI) is also raising concern regarding last week’s revelation that the Government withdrew US$160.38 million ($1.09 billion) from the Heritage and Stabilisation Fund (HSF) on December 18, 2023.

 

 

Joint Chambers Private Sector Disaster Response

The Trinidad & Tobago private sector has always responded to disasters, both here in T&T and throughout the Caribbean. We have provided relief items, equipment, supplies and expertise in post-disaster situations, working with national authorities, our private sector partners in other countries and respected NGOs.

Trinidad and Tobago Chamber of Industry and Commerce Welcomes Government’s Economic Initiatives Outlined in the Mid-Year Budget Review 2024

The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) commends the Minister of Finance for his comprehensive address during the 23rd Sitting of the House of Representatives. The Mid-Year Budget Review – Finance (Supplementary Appropriation) (Financial Year 2024) Bill, delivered today, outlines key economic initiatives for the fiscal year 2024, which the T&T Chamber views as crucial for stimulating economic growth and development in our country.

Mid-Year Budget Review Expectations

As we approach the mid-year budget review, we anticipate that the Finance Minister will focus on providing a comprehensive update on the state of the economy. Given the nature of this review, significant changes to fiscal measures are unlikely.

T&T Chamber: Statement on Tax Compliance and Payment Systems

The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) supports effective tax compliance mechanisms for businesses. Various methods are available for settling taxes with the Board of Inland Revenue (BIR), including electronic transfers via TransACH and SafeTT, and physical payments using debit cards, cheques, or cash. Non-residents can utilize the BIR’s wire transfer facility.