Incentives Listing

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No.

Incentive

Summary

Responsible Agency/ Contact Person

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1.

Junior Stock Market

Temporary corporation tax exemption for companies listing on the SME tier of the Trinidad and Tobago Stock Exchange (TTSE): 5 years full exemption, 5 years 50% exemption.

Board of Inland Revenue / TTSE/ Ministry of Finance

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2.

VAT Registration Threshold Increase
Increased the VAT-registration threshold from TT$500,000 to TT$600,000 to reduce compliance costs for small businesses.
Inland Revenue Division / Ministry of Finance

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3.
Corporation Tax Exemption Extension for Small Companies
Extended the full corporation tax exemption for approved small companies from 5 to 6 years.
Inland Revenue Division / Ministry of Finance

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4.
School-to-Work Apprenticeship Allowance
Allows employers a 150% tax deduction on remuneration paid to apprentices (up to 5% of total wage bill).

Ministry of Tertiary Education and Skills Training (MTEST)

National Training Agency
Name: Dr. Patrice Parris Searles
Designation: Chief Executive Officer 
Email address: ceooffice@ntatt.org
Telephone number: +1 (868) 672-7107 
ext. 1301/ 1230

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5.
Cybersecurity Investment Tax Allowance
Allows a 150% tax deduction on qualifying cybersecurity expenditure, capped at TT$500,000.
Board of Inland Revenue / Ministry of Finance

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6.
Promotional Expense Tax Deduction
Allows a 150% corporation tax deduction for eligible foreign market promotion expenses such as advertising, travel, trade fairs, and promotional samples.
Board of Inland Revenue / Ministry of Finance

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7.
Training Allowance (Tax Deduction)
Allows a 150% corporation tax deduction for employee training and retraining expenses.
Board of Inland Revenue / Ministry of Finance

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8.
Approved Small Company
Allows an exemption of corporation tax for a specified period of years to approved small companies.
Inland Revenue Division / Ministry of Finance

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9.
Tax Credit for Electronic Payment Providers
Up to TT$50,000 tax credit for businesses offering digital payment infrastructure or acting as e-money issuers.
Inland Revenue Division / Ministry of Finance

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10
EV Charging Equipment Duty and Tax Exemption
Full exemption on customs duties and VAT for import of EV charging equipment and accessories.
Customs and Excise Division / Ministry of Finance

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11
Fiscal Incentives
  • Exemptions from Customs Duties on plant, equipment, machinery, raw materials or any component (except spare parts and replacement parts) required for use in the manufacture of an approved product or for use in the construction, alteration, reconstruction, extension or equipping of the approved enterprise.
     
  • Exemptions from Value Added Tax (VAT)
     
  • Total or Partial Relief from Income tax on dividends or other distributions, other than interest, out of profits or gains derived from the manufacture of the approved product during the tax holiday period.

Ministry of Trade, Investment and Tourism (MTTI)

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Agriculture Sector

Optional description goes here.

No.

Incentive
Summary

Responsible Agency/ Contact Person

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1.

VAT Exemption on the Importation and Acquisition of Equipment for the Commercial Fishing Sector
This incentive grants VAT exemptions to persons importing/acquiring any fishing boat, marine engine, fishing net, line or other capital equipment solely for the purposes of carrying on the business of commercial fishing.
Fisheries Division, Ministry of Agriculture and Fisheries
35 Cipriani Boulevard
+1 (868) 226-9484 ext. 5059/5056
Email: fishdiv@gov.tt
 

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2.
Agricultural Incentive Programme – VAT Exemption on New and Used Selected Vehicles
This incentive offers VAT exemptions up to TT $5,000 on the purchase of:
  • Light Goods vehicles under 2,950 kg MGW such as panel vans and pickups for agricultural purposes.
  • Trucks from 2,950 to 5,000 kg MGW.
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email address: RANDirector@gov.tt

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

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3.
Agricultural Incentive Programme – Duty Free Concessions on Agricultural Equipment and Machinery
Eligible persons/entities will receive exemptions on import/customs duties for imported machinery and equipment to be used in their agricultural operations.
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email address: RANDirector@gov.tt

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

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4.
Agricultural Incentive Programme – Fisheries – Fuel Rebate
This incentive offers rebates on fuel purchased for agricultural purposes:
  • Gasoline: Rebate valued at 12 cents/litre
  • Diesel: Rebate valued at 10 cents/litre
  • Engine oil: Rebate valued at 75 cents/litre
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email address: RANDirector@gov.tt

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

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5.
Agricultural Incentive Programme – Fisheries – Vessel Subsidy
This incentive offers subsidisation on vessel costs:
  • Replacement of Pirogues: 25% of cost up to a maximum of $5,000
  • Used Multipurpose Vessels: 10% of cost up to a maximum of $50,000
  • New Multipurpose Vessels: 20% of cost up to a maximum of $100,000
  • Upgrades to Commercial Vessels to meet HACCP standards: 25% of cost up to a maximum of $10,000
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email address: RANDirector@gov.tt

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

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6.
Forestry Incentive Programme –Watershed Rehabilitation
This incentive encourages landowners to plant forest seedlings on their land. In return, they receive a rebate of 50% of the cost of the operation up to twenty-five hundred dollars ($2,500.00) per hectare.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: Forestry@gov.tt or privateforestryfd@gmail.com

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7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: Forestry@gov.tt or privateforestryfd@gmail.com

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8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: Forestry@gov.tt or privateforestryfd@gmail.com

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9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: Forestry@gov.tt or privateforestryfd@gmail.com

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10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: Forestry@gov.tt or privateforestryfd@gmail.com

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11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: Forestry@gov.tt or privateforestryfd@gmail.com

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12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.
currently under review

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Creative Sector

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

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1.
Art and Culture Allowance
A Corporate Sponsor can claim an allowance for that year of income: 100% of the actual expenditure incurred up to a maximum of twelve (12) million dollars spent on first acquisition of visual art or funding a registered performing artist.
Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

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2.
Promotion of the Fashion Industry
A Corporate Sponsor can claim an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars spent in promotion of the fashion industry.
Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

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3.
Sponsorship of Audio, Visual and Video Productions
A Corporate Sponsor can claim an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars spent for funding audio, visual or video production promoting or reflecting local entertainment or local culture.
Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

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4.
Production Allowance
A Production Company that incurred expenditure for its own audio, visual or video production reflecting local entertainment or local culture can claim as an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars.

Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

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5.
Agricultural Incentive Programme – Fisheries – Vessel Subsidy
This incentive offers subsidisation on vessel costs:
  • Replacement of Pirogues: 25% of cost up to a maximum of $5,000
  • Used Multipurpose Vessels: 10% of cost up to a maximum of $50,000
  • New Multipurpose Vessels: 20% of cost up to a maximum of $100,000
  • Upgrades to Commercial Vessels to meet HACCP standards: 25% of cost up to a maximum of $10,000
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email: RANDirector@gov.tt
Akiibua-GrangerN@gov.tt
kadeem1982@hotmail.com
ramsaroopallan47@gmail.com

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

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6.
Forestry Incentive Programme –Watershed Rehabilitation
This incentive encourages landowners to plant forest seedlings on their land. In return, they receive a rebate of 50% of the cost of the operation up to twenty-five hundred dollars ($2,500.00) per hectare.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Row 10 Col 10

11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Education Sector

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

Header 5

Header 6

Header 7

Header 8

Header 9

Header 10
1.
Corporate Sponsorship Allowance (Education)
For the 2024 income year, companies can claim a 150% tax deduction on money spent sponsoring educational initiatives at public or private schools registered with the Ministry of Education. This deduction is capped at a maximum of $500,000.00.
Inland Revenue Division / Ministry of Finance

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Row 1 Col 9

Row 1 Col 10

2.
Promotion of the Fashion Industry
A Corporate Sponsor can claim an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars spent in promotion of the fashion industry.
Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

Row 2 Col 5

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Row 2 Col 9

Row 2 Col 10
3.
Sponsorship of Audio, Visual and Video Productions
A Corporate Sponsor can claim an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars spent for funding audio, visual or video production promoting or reflecting local entertainment or local culture.
Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

Row 3 Col 5

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Row 3 Col 8

Row 3 Col 9

Row 3 Col 10

4.
Production Allowance
A Production Company that incurred expenditure for its own audio, visual or video production reflecting local entertainment or local culture can claim as an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars.

Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

Row 4 Col 5

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Row 4 Col 8

Row 4 Col 9

Row 4 Col 10

5.
Agricultural Incentive Programme – Fisheries – Vessel Subsidy
This incentive offers subsidisation on vessel costs:
  • Replacement of Pirogues: 25% of cost up to a maximum of $5,000
  • Used Multipurpose Vessels: 10% of cost up to a maximum of $50,000
  • New Multipurpose Vessels: 20% of cost up to a maximum of $100,000
  • Upgrades to Commercial Vessels to meet HACCP standards: 25% of cost up to a maximum of $10,000
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email: RANDirector@gov.tt
Akiibua-GrangerN@gov.tt
kadeem1982@hotmail.com
ramsaroopallan47@gmail.com

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

Row 5 Col 5

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6.
Forestry Incentive Programme –Watershed Rehabilitation
This incentive encourages landowners to plant forest seedlings on their land. In return, they receive a rebate of 50% of the cost of the operation up to twenty-five hundred dollars ($2,500.00) per hectare.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Row 6 Col 10

7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 7 Col 5

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Row 7 Col 10

8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 8 Col 5

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Row 8 Col 10

9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 9 Col 5

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Row 9 Col 10
10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 10 Col 5

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Row 10 Col 9

Row 10 Col 10

11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 11 Col 5

Row 11 Col 6

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Row 11 Col 9

Row 11 Col 10

12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Energy Sector

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

Header 5

Header 6

Header 7

Header 8

Header 9

Header 10
1.
Supplemental Petroleum Tax (SPT) – Sustainability Incentive (Mature Marine/Small Marine Fields)
Discount on the Supplemental Petroleum Tax (SPT) to encourage continued production from mature and small marine oil fields. A 25% discount on Base SPT rates for mature marine (older than 25 years) oilfields or small marine oilfields that has production less than 1500 BBL per day.
Ministry of Energy and Energy Industries

Row 1 Col 5

Row 1 Col 6

Row 1 Col 7

Row 1 Col 8

Row 1 Col 9

Row 1 Col 10

2.
 Supplemental Petroleum Tax (SPT) – Investment Tax Credit (ITC)
A tax credit against assessed Supplemental Petroleum Tax (SPT) equivalent to 30% of qualifying capital expenditure is applicable to:

1. Development of Mature land oil field and mature marine oilfields
OR
2. Acquisition of machinery and plant for use in Enhanced oil recovery projects.
Ministry of Energy and Energy Industries

Row 2 Col 5

Row 2 Col 6

Row 2 Col 7

Row 2 Col 8

Row 2 Col 9

Row 2 Col 10
3.
Capital Expenditure Allowance
Allowance applicable to tangible costs (plant and machinery) and intangible drilling and development costs and computed on a straight-line basis over five years, that is, 20% of costs per year.
Ministry of Energy and Energy Industries

Row 3 Col 5

Row 3 Col 6

Row 3 Col 7

Row 3 Col 8

Row 3 Col 9

Row 3 Col 10

4.
Deep Water Exploration Incentives
Deep Water allowance is granted for capital expenditure on the drilling of exploration wells equal to 140% of such expenditure.
Ministry of Energy and Energy Industries

Row 4 Col 5

Row 4 Col 6

Row 4 Col 7

Row 4 Col 8

Row 4 Col 9

Row 4 Col 10

5.
Tax Loss Carry-Forward Relief (PPT)
Companies can claim loss relief up to 75% of taxable profits. Any remaining tax losses should be carried forward indefinitely.
Ministry of Energy and Energy Industries

Row 5 Col 5

Row 5 Col 6

Row 5 Col 7

Row 5 Col 8

Row 5 Col 9

Row 5 Col 10

6.
Lower SPT Trigger Threshold for Shallow Water Producers
Raises oil-price threshold before Supplemental Petroleum Tax (SPT) applies for small onshore producers and shallow-marine area producers, providing relief at lower prices.
Ministry of Energy and Energy Industries

Row 6 Col 5

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Row 6 Col 7

Row 6 Col 8

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Row 6 Col 10

7.
Import Duty Concessions
Import Duty Concessions are granted for machinery, equipment materials, and parts for the manufacture or assembly of Solar Water Heaters.
Ministry of Energy and Energy Industries

Row 7 Col 5

Row 7 Col 6

Row 7 Col 7

Row 7 Col 8

Row 7 Col 9

Row 7 Col 10

8.
Zero-Rated VAT
Zero-Rated VAT granted for complete Solar Water Heaters, solar PV panels and wind turbines

Ministry of Energy and Energy Industries

Row 8 Col 5

Row 8 Col 6

Row 8 Col 7

Row 8 Col 8

Row 8 Col 9

Row 8 Col 10

9.

150% Wear and Tear Allowance

A 150% wear and tear allowance of the expenditure incurred on:

  • The acquisition of plant, machinery, parts, and materials for use in the manufacturing of Solar Water Heaters
OR
  • The acquisition of wind turbines and supporting equipment; Solar Photovoltaic Systems and supporting equipment; or Solar Water Heaters.
 Inland Revenue Division / Ministry of Finance

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Manufacturing Sector

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

Header 5

Header 6

Header 7

Header 8

Header 9

Header 10
1.
VAT Waiver on Equipment
VAT waiver on new equipment for manufacturing companies utilising alternate energy technologies and/or renewable energy options, such as gasifiers to use biomass and harnessing renewable energy through wind, solar, and water.
currently under review

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Row 1 Col 10

2.
Wear & Tear Allowance for Plant & Equipment
Increase in annual depreciation rate from 25% to 30% on qualifying plant and equipment for corporation tax calculations.
Board of Inland Revenue / Ministry of Finance
                                       

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Row 2 Col 10
3.
VAT Waiver on Renewable Energy Equipment for Manufacturers
Manufacturers who install renewable energy systems receive a full VAT and customs duty waiver on related equipment.
currently under review

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Row 3 Col 9

Row 3 Col 10

4.
Business Levy Exemption on Export Sales
Manufacturers paying the 30% corporation tax rate are exempt from the business levy on revenues earned from export sales.
Board of Inland Revenue / Ministry of Finance

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Row 4 Col 10

5.
Research and Development Allowance
Companies can deduct 40% of their research and development expenditures, up to a maximum of $3,000,000.00, when calculating their taxable profits.
Board of Inland Revenue / Ministry of Finance

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Row 5 Col 9

Row 5 Col 10

6.
Import Duty Concessions
Import Duty Concessions allow local companies to receive exemptions from customs duties for items to be utilized in their manufacturing or processing operations. These items include raw materials, machinery, equipment and in some cases, packaging materials based upon the provisions of the Third Schedule of the Customs Act, Chapter 78:01 (as amended). 
Ministry of Trade, Investment and Tourism (MTTI)

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7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Row 10 Col 10

11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Sports Sector

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

Header 5

Header 6

Header 7

Header 8

Header 9

Header 10
1.
Tax Allowance for Sponsorship of Sport
Companies can be granted a corporation tax deduction (up to TT$2,000,000.00) for sponsorship or promotion of sporting activities/events/athletes.
Board of Inland Revenue / Ministry of Finance
                                     

Row 1 Col 5

Row 1 Col 6

Row 1 Col 7

Row 1 Col 8

Row 1 Col 9

Row 1 Col 10

2.
Sports Equipment Tax Exemption
Import duty and VAT exemptions on all sporting equipment (except clothing) for individuals, organisations, and clubs.
Board of Inland Revenue / Ministry of Finance
                                       

Row 2 Col 5

Row 2 Col 6

Row 2 Col 7

Row 2 Col 8

Row 2 Col 9

Row 2 Col 10
3.
Sport Grant for Organisations and Individuals
  • Financial support for sporting activities: equipment, uniforms, events, athlete support, athlete development programmes, facility rental, travel costs, etc.
  • Funding for clubs, NGOs, community groups, governing bodies, individual athletes, and coaches for sporting activities
Board of Inland Revenue / Ministry of Finance

Row 3 Col 5

Row 3 Col 6

Row 3 Col 7

Row 3 Col 8

Row 3 Col 9

Row 3 Col 10

4.
Charitable/Sporting Body Registration
Tax exemption and duty relief for registered charitable organisations and sporting bodies.
Board of Inland Revenue / Ministry of Finance

Row 4 Col 5

Row 4 Col 6

Row 4 Col 7

Row 4 Col 8

Row 4 Col 9

Row 4 Col 10

5.
Agricultural Incentive Programme – Fisheries – Vessel Subsidy
This incentive offers subsidisation on vessel costs:
  • Replacement of Pirogues: 25% of cost up to a maximum of $5,000
  • Used Multipurpose Vessels: 10% of cost up to a maximum of $50,000
  • New Multipurpose Vessels: 20% of cost up to a maximum of $100,000
  • Upgrades to Commercial Vessels to meet HACCP standards: 25% of cost up to a maximum of $10,000
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email: RANDirector@gov.tt
Akiibua-GrangerN@gov.tt
kadeem1982@hotmail.com
ramsaroopallan47@gmail.com

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

Row 5 Col 5

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Row 5 Col 9

Row 5 Col 10

6.
Forestry Incentive Programme –Watershed Rehabilitation
This incentive encourages landowners to plant forest seedlings on their land. In return, they receive a rebate of 50% of the cost of the operation up to twenty-five hundred dollars ($2,500.00) per hectare.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 6 Col 5

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Row 6 Col 7

Row 6 Col 8

Row 6 Col 9

Row 6 Col 10

7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 7 Col 5

Row 7 Col 6

Row 7 Col 7

Row 7 Col 8

Row 7 Col 9

Row 7 Col 10

8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 8 Col 5

Row 8 Col 6

Row 8 Col 7

Row 8 Col 8

Row 8 Col 9

Row 8 Col 10

9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 9 Col 5

Row 9 Col 6

Row 9 Col 7

Row 9 Col 8

Row 9 Col 9

Row 9 Col 10
10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 10 Col 5

Row 10 Col 6

Row 10 Col 7

Row 10 Col 8

Row 10 Col 9

Row 10 Col 10

11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 11 Col 5

Row 11 Col 6

Row 11 Col 7

Row 11 Col 8

Row 11 Col 9

Row 11 Col 10

12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Tobago

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

Header 5

Header 6

Header 7

Header 8

Header 9

Header 10
1.
Enterprise Assistant Grant Programme (EAGP)
Provides grant funding for Tobago based micro and small businesses up to twenty-five thousand dollars ($25,000.00) and is geared towards providing strategic financial and technical assistance to start-ups and existing businesses.
Business Development Unit (BDU)
Division of Finance, Trade and the Economy.                                       
Tobago House of Assembly
Email address: info@bdutobago.com                          
Website: www.bdutobago.com       
Phone: +(868) 639-4412 ext 53201-53215                                          

Row 1 Col 5

Row 1 Col 6

Row 1 Col 7

Row 1 Col 8

Row 1 Col 9

Row 1 Col 10

2.
Enterprise Assistant Fund (EAF)
Provides loan funding for Tobago based micro and small businesses up to two hundred and fifty thousand dollars ($250,000.00) and is geared towards providing strategic financial and technical assistance to start-ups and existing businesses.
Business Development Unit (BDU)
Division of Finance, Trade and the Economy.                                       
Tobago House of Assembly
Email address: info@bdutobago.com                          
Website: www.bdutobago.com       
Phone: +(868) 639-4412 ext 53201-53215                                          

Row 2 Col 5

Row 2 Col 6

Row 2 Col 7

Row 2 Col 8

Row 2 Col 9

Row 2 Col 10
3.
Sponsorship of Audio, Visual and Video Productions
A Corporate Sponsor can claim an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars spent for funding audio, visual or video production promoting or reflecting local entertainment or local culture.
Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

Row 3 Col 5

Row 3 Col 6

Row 3 Col 7

Row 3 Col 8

Row 3 Col 9

Row 3 Col 10

4.
Production Allowance
A Production Company that incurred expenditure for its own audio, visual or video production reflecting local entertainment or local culture can claim as an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars.

Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

Row 4 Col 5

Row 4 Col 6

Row 4 Col 7

Row 4 Col 8

Row 4 Col 9

Row 4 Col 10

5.
Agricultural Incentive Programme – Fisheries – Vessel Subsidy
This incentive offers subsidisation on vessel costs:
  • Replacement of Pirogues: 25% of cost up to a maximum of $5,000
  • Used Multipurpose Vessels: 10% of cost up to a maximum of $50,000
  • New Multipurpose Vessels: 20% of cost up to a maximum of $100,000
  • Upgrades to Commercial Vessels to meet HACCP standards: 25% of cost up to a maximum of $10,000
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email: RANDirector@gov.tt
Akiibua-GrangerN@gov.tt
kadeem1982@hotmail.com
ramsaroopallan47@gmail.com

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

Row 5 Col 5

Row 5 Col 6

Row 5 Col 7

Row 5 Col 8

Row 5 Col 9

Row 5 Col 10

6.
Forestry Incentive Programme –Watershed Rehabilitation
This incentive encourages landowners to plant forest seedlings on their land. In return, they receive a rebate of 50% of the cost of the operation up to twenty-five hundred dollars ($2,500.00) per hectare.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 6 Col 5

Row 6 Col 6

Row 6 Col 7

Row 6 Col 8

Row 6 Col 9

Row 6 Col 10

7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 7 Col 5

Row 7 Col 6

Row 7 Col 7

Row 7 Col 8

Row 7 Col 9

Row 7 Col 10

8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 8 Col 5

Row 8 Col 6

Row 8 Col 7

Row 8 Col 8

Row 8 Col 9

Row 8 Col 10

9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 9 Col 5

Row 9 Col 6

Row 9 Col 7

Row 9 Col 8

Row 9 Col 9

Row 9 Col 10
10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 10 Col 5

Row 10 Col 6

Row 10 Col 7

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Row 10 Col 9

Row 10 Col 10

11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 11 Col 5

Row 11 Col 6

Row 11 Col 7

Row 11 Col 8

Row 11 Col 9

Row 11 Col 10

12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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Tourism Sector

Optional description goes here.

No.

Incentive

Summary

Responsible Agency/ Contact Person

Header 5

Header 6

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Header 10
1.
Customs and Excise Duty Exemptions for Tourism Industry
According to the Act, several items “will be allowed for importation free of customs and excise duties as long as they are not manufactured in the desired quantities and quality in Trinidad and Tobago.” The list of items includes “environmentally-friendly and/or energy saving devices such as solar panels, and heating equipment” installed at hotels.
For applications in Trinidad:

Tourism Trinidad Limited
Level 18, Tower D
International Waterfront Centre
1A Wrightson Road
Port of Spain.
Tel: +1(868) 612-7412
Email: investments@visittrinidad.co.tt

Row 1 Col 5

Row 1 Col 6

Row 1 Col 7

Row 1 Col 8

Row 1 Col 9

Row 1 Col 10

2.
Tourism Development Act, Chapter 87:22 (MTTI)

The Tourism Development Act is an act to facilitate the development of the tourism industry by providing incentives and concessions to investors.

For applications in Trinidad:

Tourism Trinidad Limited
Level 18, Tower D
International Waterfront Centre
1A Wrightson Road
Port of Spain.
Tel: +1(868) 612-7412
Email: investments@visittrinidad.co.tt

Row 2 Col 5

Row 2 Col 6

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Row 2 Col 9

Row 2 Col 10
3.
Trinidad and Tobago Tourism Accommodation Upgrade
Project (TAUP) (MTTI)
TAUP provides an incentive to owners/operators of tourism accommodation properties to upgrade their facilities. The incentive is in the form of a partial reimbursement grant and is available to eligible small-medium sized tourism accommodation properties with 1-150 guestrooms.
For applications in Trinidad:

Tourism Trinidad Limited
Level 18, Tower D
International Waterfront Centre
1A Wrightson Road
Port of Spain.
Tel: +1(868) 612-7412
Email: investments@visittrinidad.co.tt

Row 3 Col 5

Row 3 Col 6

Row 3 Col 7

Row 3 Col 8

Row 3 Col 9

Row 3 Col 10

4.
Production Allowance
A Production Company that incurred expenditure for its own audio, visual or video production reflecting local entertainment or local culture can claim as an allowance for that year of income: 150% of the actual expenditure incurred up to a maximum of twelve (12) million dollars.

Inland Revenue Division, Ministry of Finance
Name: Ms. Dabie Dookharan, Supervisor, Taxpayers Services
Email address: ddookharan@ird.gov.tt
Phone number: 800-8299 ext. 10436

Row 4 Col 5

Row 4 Col 6

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Row 4 Col 8

Row 4 Col 9

Row 4 Col 10

5.
Agricultural Incentive Programme – Fisheries – Vessel Subsidy
This incentive offers subsidisation on vessel costs:
  • Replacement of Pirogues: 25% of cost up to a maximum of $5,000
  • Used Multipurpose Vessels: 10% of cost up to a maximum of $50,000
  • New Multipurpose Vessels: 20% of cost up to a maximum of $100,000
  • Upgrades to Commercial Vessels to meet HACCP standards: 25% of cost up to a maximum of $10,000
Regional Administration North (RAN)
Agricultural Officer (Incentive)
Address: 112 Farm Road, Curepe
Email: RANDirector@gov.tt
Akiibua-GrangerN@gov.tt
kadeem1982@hotmail.com
ramsaroopallan47@gmail.com

Regional Administration South (RAS)
Agricultural Officer (Incentive)
Address: 8 Inverness Avenue, San Fernando
Phone number: +1 (868) 225-4727/4637 ext. 107

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Row 5 Col 10

6.
Forestry Incentive Programme –Watershed Rehabilitation
This incentive encourages landowners to plant forest seedlings on their land. In return, they receive a rebate of 50% of the cost of the operation up to twenty-five hundred dollars ($2,500.00) per hectare.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 6 Col 5

Row 6 Col 6

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Row 6 Col 9

Row 6 Col 10

7.
Forestry Incentive Programme –Machinery and Equipment
Farmers involved in the rehabilitation of watersheds, Taungya gardens, and the establishment of fire traces and nature trails are eligible for 50% of the cost up to twenty-five thousand dollars ($25,000.00).
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 7 Col 5

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Row 7 Col 10

8.
Forestry Incentive Programme –Perimeter Fire Trace
This incentive is given to encourage farmers to establish fire traces around and within their estate to help prevent the loss of vegetation due to fires. Farmers are eligible for 20% of the cost up to two hundred and fifty dollars ($250.00) per kilometre.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 8 Col 5

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Row 8 Col 10

9.

Forestry Incentive Programme –Vehicles
This incentive is available to farmers when a minimum of two (2) hectares of land is rehabilitated in any year, with a minimum of four (4) hectares targeted for rehabilitation. Vehicle incentives are paid in five annual tranches, each equivalent to one-fifth (1/5) of the value of the incentive.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 9 Col 5

Row 9 Col 6

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Row 9 Col 9

Row 9 Col 10
10.
Forestry Incentive Programme – Taungya Land Clearing
To meet the requirements for this incentive, the farmer is required to grow food/agricultural crop simultaneously with the Forestry Divisions’ establishment of forest trees. This incentive offers payments up to eight hundred dollars ($800.00) per hectare for land clearing.
Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 10 Col 5

Row 10 Col 6

Row 10 Col 7

Row 10 Col 8

Row 10 Col 9

Row 10 Col 10

11.
Forestry Incentive Programme – Establishment of Nature Trails
Nature trails recommended by Tourism Trinidad Limited and at least 1 kilometre in length and 2 metres in width are considered under this incentive. Farmers are eligible for a 15% rebate of the costs, up to five hundred dollars ($500.00) per kilometre.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

Row 11 Col 5

Row 11 Col 6

Row 11 Col 7

Row 11 Col 8

Row 11 Col 9

Row 11 Col 10

12.

Renewable Energy/ Business Rebate for Agriculture
For approved agricultural holdings, a rebate of $25,000.00 will be granted for the implementation of renewable energy, such as solar and wind.

Forestry Division, Ministry of Agriculture and Fisheries
Conservator of Forests
Phone number: +1 (868) 225-3817/8
Email address: aroopnarinesingh@gov.tt
dsamayah@hotmail.com

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