NationNewsEditors PickGovernment lowers tax to boost travel

Government lowers tax to boost travel

Barbados has reduced the airport service charge to boost travel to the island from within CARICOM.

Minister of Tourism and International Transport Ian Gooding-Edghill led off debate on the Airport Service Charge (Amendment) Bill 2023 in the House of Assembly yesterday, with the legislation being passed and the tax reduced from US$35 to US$20.

It is intended that the six-month reduction from July 1 to December 14 will stimulate CARICOM travel to Barbados during the summer months when the island traditionally experiences a dearth of visitors, particular from the Caribbean.  The cost of inter-regional travel is particularly high.

Gooding-Edghill said: “We felt that this was an opportunity for us to stimulate the Caribbean travel market. We recognise that we have to stimulate the local market . . . We would have had pre-COVID LIAT that would have brought a lot of passengers to Barbados. We no longer have LIAT in this form that we had. It has now effectively been reduced to a very small portion of the passengers coming from within the Caribbean to Barbados. (GC)