Monday 23 September, 2019

Duty-free concessions finally approved

(L-R) Andre Hoyte, Business Development Officer NCF, Freddie Hill of FAS7Star, NCF CEO Carol Roberts-Reifer, Rudy Maloney of 4D Entertainment, Tracy Highland of Tipsy Entertainment, Minister John King and Wayne Webster, Manager Administration of NCF.

(L-R) Andre Hoyte, Business Development Officer NCF, Freddie Hill of FAS7Star, NCF CEO Carol Roberts-Reifer, Rudy Maloney of 4D Entertainment, Tracy Highland of Tipsy Entertainment, Minister John King and Wayne Webster, Manager Administration of NCF.

Minister of Culture, John King has announced that cultural practitioners will be granted duty-free concessions.  

Speaking from the National Cultural Foundation today, Minister King hailed the new policy as a “landmark event”, noting it will be of great financial benefit to bandleaders and promoters ahead of this year’s Crop Over season. 

 

In order to qualify for duty-free concessions, a cultural practitioner must register via www.barbadosartists.bb. Approvals for the certificate will be verified by the Minister or the applicant's nominee.  

Applicants will be required to present their Artist Registry Certificate, application for duty-free waiver and estimated cost of waiver as provided by a registered Customs Broker. The approved license will be digitally shared with the Customs Department for processing. 

A tax clearance certificate is no longer required to qualify for subventions from the NCF and while duties will be waived, VAT is still payable on all imports. 

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