VAT Holiday

 

The  VAT Holiday tax relief measure is intended to make back to school shopping less expensive for parents, while providing support to local businesses throughout The Bahamas. 

This initiative will allow for VAT zero rated treatment on a variety of school items including school uniforms, clothing, backpacks, school supplies, personal computers, food items and other miscellaneous school items that are purchased locally. Imported items are NOT included under the VAT-holiday, and will attract the ordinary border taxes and will have to pay VAT on these items upon entering the country.  

The VAT Holiday will begin Monday, 31st August, 2020 to Sunday, 20th September 2020 and is based on the planned September 21 date for the reopening of schools.

All merchants who are VAT registrants and are licensed to sell back to school supplies, MUST offer the VAT holiday.

Back to School VAT Holiday Items

 

PERSONAL COMPUTERS & RELATED ACCESSORIES

  •       Personal computers & tablets (sale price of $3,000 or less per unit)-personal computers include electronic book readers, laptops, desktops, handhelds, tablets, or tower computers, but excludes cellular telephones, video game consoles, digital media receivers, or devices that are not primary designed to process data
  •       Personal computer related accessories (sale price of $1,000 or less per unit)
  •       Keyboards
  •       Mouse
  •       Digital assistants
  •       Monitors
  •       Printers
  •       Other peripheral devices
  •       Modems
  •       Calculators
  •       Routers
  •       Non-recreational software

SCHOOL SUPPLIES

  •       Pen, pencils, markers & crayons
  •       Erasers
  •       Notebooks & Notepads  
  •       Books of all kind, including textbooks
  •       Note filler paper
  •       Plain paper (8.5”X11” & 8.5” X14”) & construction paper
  •       Legal pads
  •       Binders & folders
  •       White boards, marking boards & poster boards
  •       Scissors
  •       Cellophane tape
  •       Rulers
  •       Computer disks
  •       Glue or paste
  •       Protractors & compasses
  •       Staples & staplers used to secure paper

FOOD & SNACKS

  •       Deli & Luncheon Meats
  •       Juices
  •       Bottled Water
  •       Eggs
  •       Prepackaged snacks, including:  chips, cookies, nuts, cheese-based                                                                      snacks, dried fruits & fruit snacks
  •       Fruits
  •       Cereals & pop tarts
  •       Yogurts

MISCELLANEOUS ITEMS

  •       Printer Ink
  •       Garbage bags  
  •       Hand sanitizer
  •       Paper towels/hand towels
  •       Disinfectant wipes & sprays
  •       Face masks

CLOTHING, FOOTWEAR, BAGS & RELATED ITEMS

  •       All clothing, uniforms or fabric for uniforms & belts (Less than $100 per unit)
  •       Underwear/underclothing (less than $60 per unit)
  •       Foot wear- shoes, tennis, socks & stockings (less than $200 per unit)                                                                    excluding skis, swim fins, roller blades, and skates)
  •       School bags & beverage holders including gym bags, backpacks, lunch                                                               boxes, water bottles & thermos ($150 or less per unit) excluding handbags, briefcases, suitcases & other garment bags

 

HAIR ACCESSORIES 

All Hair Accessories with a sale price of $30 or less per unit

Excluding: hair extensions, frontal, wigs, crowns, veils, hats or caps