Trinidad and Tobago’s service sector is raising urgent alarms over the government’s proposed 400% amusement gaming tax increase, warning it could trigger widespread business closures and unemployment. Dianne Joseph, president of the Trinidad and Tobago Coalition of Services Industries (TTCSI), emphasized that the drastic jump from $6,000 to $25,000 annually per gaming machine would disproportionately impact small and medium-sized bars that depend on this revenue stream.
Joseph stressed that while the TTCSI acknowledges the government’s revenue generation and regulatory objectives, the current proposal threatens economic stability. She advocated for a collaborative approach that balances fiscal needs with industry sustainability, noting that genuine consultation with stakeholders is essential for developing viable alternatives.
The coalition joins two major industry associations—TT Coalition of Bars and Restaurants (TTCOBAR) and Barkeepers Owners/Operators Association of TT (BOATT)—in characterizing the tax measure as potentially more devastating than the pandemic for community-based establishments. These organizations have urged bar owners to lobby their parliamentary representatives, particularly government MPs, before the proposal reaches debate.
In response to growing concerns, Minister of Planning, Economic Affairs and Development Dr. Kennedy Swaratsingh maintained that government ministries remain open to dialogue with all stakeholders. However, he acknowledged not having reviewed specific industry figures or statements regarding the proposed tax increase.
The industry consensus warns that without compromise, the tax hike could eliminate thousands of jobs and create significant social distress, particularly affecting households with children across the nation.