• Improving National Tax Collection

    Taxes represent the largest source of revenue for any government. At present in Trinidad and Tobago a significant portion of taxes (i.e. national revenue) go uncollected. Revenue collection agencies (Customs and Excise Division and the Board of Inland Revenue) will be made more efficient so that all revenues which are due to the government are captured. This reform process is also connected to a wider process of public service reform. Within the process of improving tax collection, priority will be placed on ensuring compliance and establishing mechanisms for the prosecution of those who fail to pay their taxes. As tax collection is improved, the government’s tax revenues will increase and in turn, the need for borrowing and ultimately the level of national debt will decrease

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