Minister Nigel Clarke announced that the government plans to increase the duty-free threshold on personal imports from US$50 to US$100 in the upcoming fiscal year starting April 2024. Meanwhile, travelers arriving on the island via airports will see their allowance raised from US$500 to US$1,000.
Sade Callaghan, Chief Operation Officer, My Cart Express speaks on the recent announcement at the Sunrise studio. The discussion highlighted the recent announcement of the duty-free threshold for overseas purchases, understanding the terms of the duty-free threshold, addressing the regulations in place now and how it will impact the shipping industry- should we expect more imports and exports.
See the full interview below.
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