Barbados · Law · Programmatic documents

Excise Tax on Sweetened Beverages – 2022

Objectives:

The objective of the Excise Tax on Sweetened Beverages is to increase the rate of excise tax on sweetened beverages in an effort to reduce sugar consumption.

Scope:

The rate of excise tax on sweetened beverages was increased from 10%, as established by Excise Tax (Amendment) (No. 3) Regulations, to 20%. The new rate applies to products falling under tariff headings 20.09, 21.06 and 22.02, such as fruit juices, vegetable juices, food preparations such as mauby syrup and other flavored or colored sugar syrups as well as waters, including mineral waters and aerated waters containing added sugar or other sweetened matter of flavored, and other non-alcoholic beverages.