Government announces tax relief measures for businesses to get used to new Transaction tax

Politics  /  Economics | 23rd September 2026, 23:08 | Published by GBC News

New rules are now in force for a Government scheme helping eligible retailers and wholesalers with higher transaction tax costs following the Treaty.

The relief applies for an initial 90 days, while a separate scheme will offer support for modernisation and training.

Our reporter Kevin Ruiz asked Business Minister Gemma Arias-Vasquez why the Government felt the need to introduce this support.