In a significant fiscal announcement, Nevis Premier Honourable Mark Brantley has unequivocally guaranteed that citizens will face no new tax impositions in the upcoming 2026 budget. The Finance Minister made this declaration during his monthly press conference on November 25, reinforcing his administration’s dedication to shielding residents from additional financial burdens during the upcoming fiscal year.
The Premier elaborated on his government’s established revenue strategy, emphasizing their systematic approach to generating increased government income without resorting to domestic taxation. “No, there won’t be any new taxes,” Brantley stated definitively, outlining the administration’s preference for targeting revenue enhancement through external sources.
Brantley detailed the methodology behind this approach, citing previous increases to the Tourism Development Levy that primarily affects visitors rather than local citizens. Additionally, the government has implemented adjusted charges at the Financial Services Registry, characterizing these as fees rather than direct taxes on the population.
“Our posture has consistently been to seek revenue increases from goods, services, or individuals outside the local population,” Brantley explained. “This strategy has successfully expanded government revenue without placing additional pressure on Nevis residents.”
The 2026 budget, scheduled for presentation on December 2, will prioritize several key development areas. Healthcare infrastructure stands as a central focus, with plans to complete the Alexandra Hospital expansion, establish a permanent facility for the Charlestown Health Centre, and introduce dialysis treatment services on the island.
Educational infrastructure will receive significant attention through upgrades to aging school buildings, while continued enhancements to airport facilities and general public infrastructure remain ongoing commitments. The administration also plans to advance economic development initiatives designed to stimulate job creation, promote social welfare, and ensure long-term sustainability.
These strategic investments reflect the government’s balanced approach to maintaining fiscal responsibility while advancing quality of life improvements for citizens. The December budget address will comprehensively outline projected revenues, expenditures, and policy agendas for the 2026 fiscal year.