Government announces income tax reduction for health and home insurance

Prime Minister Roosevelt Skerrit has announced a number of tax incentives in the 2021-22 budget including concessions related to health and homeowners insurance.

Mr. Skerrit made the 1 billion dollar budget presentation on Wednesday.

Income deductions on home and health insurance premiums will come into effect for income year 2022.

Prime Minister Roosevelt Skerrit

Meantime, Minister for Health Dr. Irving Mc Intyre is among those who offered quick views on the budget presented in parliament on Wednesday.

He said he was pleased with allocations for the Health Ministry.

Health Minister Dr. Irving Mc Intyre.

And Agriculture Minister Fidel Grant is optimistic about the prospects for the Agriculture sector.

Agriculture Minister Fidel Grant