Investor Presentaiton

Tax Incentives Manufacturing Tax Credit ➤ A one-time manufacturing tax credit of up to $50,000 will be introduced for companies which make an investment in new machinery, production lines and equipment Personal Income Tax Allowance ➤ Increase in the personal income tax exemption limit from $84,000 to $90,000. This means, all individuals earning $7,500.00 a month or less will now be exempt from income tax. Tax Amnesty ➤ An amnesty on penalties and interest on taxes owed up to and including the year ending December 31, 2021, will be implemented from November 14, 2022, to February 17, 2023. Republic Bank

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